PPP Loan information for Metro sales, inc.

$4,551,800

Metro sales, inc. was initially approved for PPP Loan of amount $4,551,800, the current approved amount is $4,551,800. The loan was approved on 04/07/2020 by The First International Bank & Trust reported 262 jobs and $4,551,800 was used to fund payroll.

Metro sales, inc. is Existing or more than 2 years old

PPP Loan Search / MN / MINNEAPOLIS / Metro sales, inc.

METRO SALES, INC.

Date Approved

04/07/2020

SBA Office Code

0508

Processing Method

PPP

Borrower Name

METRO SALES, INC.

Borrower Address

1620 EAST 78TH ST

Borrower City

MINNEAPOLIS

Borrower State

MN

Borrower Zip

55423-4637

Loan Status Date

10/28/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

4551800.00

Current Approval Amount

4551800.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

52970

Servicing Lender Name

First International Bank & Trust

Servicing Lender Address

100 N Main St

Servicing Lender City

WATFORD CITY

Servicing Lender State

ND

Servicing Lender Zip

58854

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

MINNEAPOLIS

Project County Name

HENNEPIN

Project State

MN

Project Zip

55423-4637

CD

MN-03

Jobs Reported

262

NAICS Code

532420

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

4551800.00

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

Employee Stock Ownership Plan(ESOP)

Originating Lender Location Id

52970

Originating Lender

First International Bank & Trust

Originating Lender City

WATFORD CITY

Originating Lender State

ND

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

4604777.89

Forgiveness Date

06/11/2021

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