PPP Loan information for Metro electric co. inc.

$1,390,039

Metro electric co. inc. was initially approved for PPP Loan of amount $1,390,039, the current approved amount is $1,390,039. The loan was approved on 04/11/2020 by The SouthState Bank, National Association reported 84 jobs and $1,390,039 was used to fund payroll.

Metro electric co. inc. is Existing or more than 2 years old

PPP Loan Search / SC / NORTH CHARLESTON / Metro electric co. inc.

METRO ELECTRIC CO. INC.

Date Approved

04/11/2020

SBA Office Code

0464

Processing Method

PPP

Borrower Name

METRO ELECTRIC CO. INC.

Borrower Address

3350 MEETING STREET RD

Borrower City

NORTH CHARLESTON

Borrower State

SC

Borrower Zip

29405-7978

Loan Status Date

04/22/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

1390039.00

Current Approval Amount

1390039.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

117723

Servicing Lender Name

SouthState Bank, National Association

Servicing Lender Address

1101 First St South

Servicing Lender City

WINTER HAVEN

Servicing Lender State

FL

Servicing Lender Zip

33880-3908

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

NORTH CHARLESTON

Project County Name

CHARLESTON

Project State

SC

Project Zip

29405-7978

CD

SC-06

Jobs Reported

84

NAICS Code

238210

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

1390039.00

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

Subchapter S Corporation

Originating Lender Location Id

117723

Originating Lender

SouthState Bank, National Association

Originating Lender City

WINTER HAVEN

Originating Lender State

FL

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

1402163.23

Forgiveness Date

03/05/2021

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