PPP Loan information for Metro utilities inc.

$201,800

Metro utilities inc. was initially approved for PPP Loan of amount $201,800, the current approved amount is $201,800. The loan was approved on 04/11/2020 by The The Bank of Elk River reported 16 jobs and $201,800 was used to fund payroll.

Metro utilities inc. is Existing or more than 2 years old

METRO UTILITIES INC.

Date Approved

04/11/2020

SBA Office Code

0508

Processing Method

PPP

Borrower Name

METRO UTILITIES INC.

Borrower Address

9656 161ST AVE

Borrower City

ELK RIVER

Borrower State

MN

Borrower Zip

55330-6222

Loan Status Date

02/23/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

201800.00

Current Approval Amount

201800.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

38030

Servicing Lender Name

The Bank of Elk River

Servicing Lender Address

630 Main St

Servicing Lender City

ELK RIVER

Servicing Lender State

MN

Servicing Lender Zip

55330-1503

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

ELK RIVER

Project County Name

SHERBURNE

Project State

MN

Project Zip

55330-6222

CD

MN-06

Jobs Reported

16

NAICS Code

926130

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

201800.00

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

38030

Originating Lender

The Bank of Elk River

Originating Lender City

ELK RIVER

Originating Lender State

MN

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

199867.53

Forgiveness Date

11/03/2020

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