PPP Loan information for Metro homes inc

$2,967,679

Metro homes inc was initially approved for PPP Loan of amount $2,967,679, the current approved amount is $2,967,679. The loan was approved on 05/01/2020 by The Bank of America, National Association reported 362 jobs and $2,967,679 was used to fund payroll.

Metro homes inc is New Business or 2 years or less

METRO HOMES INC

Date Approved

05/01/2020

SBA Office Code

0353

Processing Method

PPP

Borrower Name

METRO HOMES INC

Borrower Address

6001 SLIGO MILL RD NE

Borrower City

WASHINGTON

Borrower State

DC

Borrower Zip

20011-1500

Loan Status Date

07/16/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

2967679.00

Current Approval Amount

2967679.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

9551

Servicing Lender Name

Bank of America, National Association

Servicing Lender Address

100 N Tryon St, Ste 170

Servicing Lender City

CHARLOTTE

Servicing Lender State

NC

Servicing Lender Zip

28202-4024

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

Y

Business Age Description

New Business or 2 years or less

Project City

WASHINGTON

Project County Name

DISTRICT OF COLUMBIA

Project State

DC

Project Zip

20011-1500

CD

DC-

Jobs Reported

362

NAICS Code

623210

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

2967679.00

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

9551

Originating Lender

Bank of America, National Association

Originating Lender City

CHARLOTTE

Originating Lender State

NC

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

3000364.12

Forgiveness Date

06/11/2021

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