PPP Loan information for Metropolitan theatres corporation

$1,635,600

Metropolitan theatres corporation was initially approved for PPP Loan of amount $1,635,600, the current approved amount is $1,635,600. The loan was approved on 04/09/2020 by The Independent Bank reported 428 jobs and $1,635,600 was used to fund payroll.

Metropolitan theatres corporation is Existing or more than 2 years old

PPP Loan Search / CA / LOS ANGELES / Metropolitan theatres corporation

METROPOLITAN THEATRES CORPORATION

Date Approved

04/09/2020

SBA Office Code

0914

Processing Method

PPP

Borrower Name

METROPOLITAN THEATRES CORPORATION

Borrower Address

8727 W 3RD ST

Borrower City

LOS ANGELES

Borrower State

CA

Borrower Zip

90048-3803

Loan Status Date

03/10/2022

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

1635600.00

Current Approval Amount

1635600.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

68987

Servicing Lender Name

Independent Bank

Servicing Lender Address

3090 Craig Dr

Servicing Lender City

MCKINNEY

Servicing Lender State

TX

Servicing Lender Zip

75070-4352

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

LOS ANGELES

Project County Name

LOS ANGELES

Project State

CA

Project Zip

90048-3803

CD

CA-30

Jobs Reported

428

NAICS Code

512131

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

150000.00

Payroll Proceed

1300600.00

Mortgage Interest Proceed

100000.00

Rent Proceed

85000.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Corporation

Originating Lender Location Id

68987

Originating Lender

Independent Bank

Originating Lender City

MCKINNEY

Originating Lender State

TX

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

1656953.67

Forgiveness Date

08/04/2021

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