PPP Loan information for Metropolitan electrical construction inc.

$2,000,000

Metropolitan electrical construction inc. was initially approved for PPP Loan of amount $2,000,000, the current approved amount is $2,000,000. The loan was approved on 01/30/2021 by The Farmers & Merchants Bank of Central California reported 230 jobs and $2,000,000 was used to fund payroll.

Metropolitan electrical construction inc. is Existing or more than 2 years old

METROPOLITAN ELECTRICAL CONSTRUCTION INC.

Date Approved

01/30/2021

SBA Office Code

0912

Processing Method

PPS

Borrower Name

METROPOLITAN ELECTRICAL CONSTRUCTION INC.

Borrower Address

2400 3rd St

Borrower City

San Francisco

Borrower State

CA

Borrower Zip

94107-3111

Loan Status Date

12/07/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

2000000.00

Current Approval Amount

2000000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

5461

Servicing Lender Name

Farmers & Merchants Bank of Central California

Servicing Lender Address

121 W Pine St

Servicing Lender City

LODI

Servicing Lender State

CA

Servicing Lender Zip

95240-2110

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

San Francisco

Project County Name

SAN FRANCISCO

Project State

CA

Project Zip

94107-3111

CD

CA-11

Jobs Reported

230

NAICS Code

238210

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

1999995.00

Mortgage Interest Proceed

0.00

Rent Proceed

0.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Corporation

Originating Lender Location Id

5461

Originating Lender

Farmers & Merchants Bank of Central California

Originating Lender City

LODI

Originating Lender State

CA

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

2015890.41

Forgiveness Date

11/23/2021

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