PPP Loan information for Metro motors v.i. inc

$217,920

Metro motors v.i. inc was initially approved for PPP Loan of amount $217,920, the current approved amount is $217,920. The loan was approved on 03/31/2021 by The Bank of America, National Association reported 18 jobs and $217,920 was used to fund payroll.

Metro motors v.i. inc is Existing or more than 2 years old

PPP Loan Search / VI / ST. THOMAS / Metro motors v.i. inc

METRO MOTORS V.I. INC

Date Approved

03/31/2021

SBA Office Code

0252

Processing Method

PPS

Borrower Name

METRO MOTORS V.I. INC

Borrower Address

405 ANNA'S RETREAT

Borrower City

ST. THOMAS

Borrower State

VI

Borrower Zip

00802

Loan Status Date

04/27/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

217920.00

Current Approval Amount

217920.00

Undisbursed Amount

0.00

Franchise Name

Ford Motor Company Dealer Sales and Service Agreement

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

N

Business Age Description

Existing or more than 2 years old

Project City

ST. THOMAS

Project County Name

SAINT THOMAS

Project State

VI

Project Zip

00802

CD

VI-

Jobs Reported

18

NAICS Code

441110

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

217917.00

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

220272.34

Forgiveness Date

05/12/2022

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