PPP Loan information for Metropolitan equipment co., inc.

$28,381

Metropolitan equipment co., inc. was initially approved for PPP Loan of amount $28,381, the current approved amount is $28,381. The loan was approved on 05/12/2020 by The Credit Union One reported 10 jobs and $28,381 was used to fund payroll.

Metropolitan equipment co., inc. is Existing or more than 2 years old

METROPOLITAN EQUIPMENT CO., INC.

Date Approved

05/12/2020

SBA Office Code

0515

Processing Method

PPP

Borrower Name

METROPOLITAN EQUIPMENT CO., INC.

Borrower Address

49260 VAN DYKE AVE

Borrower City

SHELBY TOWNSHIP

Borrower State

MI

Borrower Zip

48317-1334

Loan Status Date

04/08/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

28381.45

Current Approval Amount

28381.45

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

98922

Servicing Lender Name

Credit Union One

Servicing Lender Address

400 E 9 Mile Rd

Servicing Lender City

FERNDALE

Servicing Lender State

MI

Servicing Lender Zip

48220-1774

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

SHELBY TOWNSHIP

Project County Name

MACOMB

Project State

MI

Project Zip

48317-1334

CD

MI-10

Jobs Reported

10

NAICS Code

532490

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

28381.45

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

98922

Originating Lender

Credit Union One

Originating Lender City

FERNDALE

Originating Lender State

MI

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

28617.05

Forgiveness Date

03/22/2021

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