PPP Loan information for Metro equipment corporation

$680,139

Metro equipment corporation was initially approved for PPP Loan of amount $680,139, the current approved amount is $680,139. The loan was approved on 04/09/2020 by The Abington Bank reported 30 jobs and $680,139 was used to fund payroll.

Metro equipment corporation is Existing or more than 2 years old

PPP Loan Search / MA / BRAINTREE / Metro equipment corporation

METRO EQUIPMENT CORPORATION

Date Approved

04/09/2020

SBA Office Code

0101

Processing Method

PPP

Borrower Name

METRO EQUIPMENT CORPORATION

Borrower Address

20 Rex Dr

Borrower City

BRAINTREE

Borrower State

MA

Borrower Zip

02184-5226

Loan Status Date

12/08/2020

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

680138.77

Current Approval Amount

680138.77

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

89069

Servicing Lender Name

Abington Bank

Servicing Lender Address

6 Harrison Ave

Servicing Lender City

ABINGTON

Servicing Lender State

MA

Servicing Lender Zip

02351-1877

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

BRAINTREE

Project County Name

NORFOLK

Project State

MA

Project Zip

02184-5226

CD

MA-08

Jobs Reported

30

NAICS Code

238910

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

680138.77

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

89069

Originating Lender

Abington Bank

Originating Lender City

ABINGTON

Originating Lender State

MA

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

684182.33

Forgiveness Date

11/23/2020

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