PPP Loan information for Metropolitan pipe and supply company

$1,297,450

Metropolitan pipe and supply company was initially approved for PPP Loan of amount $1,297,450, the current approved amount is $1,297,450. The loan was approved on 04/28/2020 by The Santander Bank, National Association reported 112 jobs and $1,297,450 was used to fund payroll.

Metropolitan pipe and supply company is Existing or more than 2 years old

PPP Loan Search / MA / Somerville / Metropolitan pipe and supply company

METROPOLITAN PIPE AND SUPPLY COMPANY

Date Approved

04/28/2020

SBA Office Code

0101

Processing Method

PPP

Borrower Name

METROPOLITAN PIPE AND SUPPLY COMPANY

Borrower Address

30 Inner Belt Road

Borrower City

Somerville

Borrower State

MA

Borrower Zip

02143

Loan Status Date

04/17/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

1297450.00

Current Approval Amount

1297450.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

84894

Servicing Lender Name

Santander Bank, National Association

Servicing Lender Address

824 N Market St, Ste 100

Servicing Lender City

WILMINGTON

Servicing Lender State

DE

Servicing Lender Zip

19801-4937

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Somerville

Project County Name

MIDDLESEX

Project State

MA

Project Zip

02143-0001

CD

MA-07

Jobs Reported

112

NAICS Code

423720

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

1297450.00

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

84894

Originating Lender

Santander Bank, National Association

Originating Lender City

WILMINGTON

Originating Lender State

DE

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

1308469.44

Forgiveness Date

03/15/2021

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