PPP Loan information for Metropolis electric corp

$734,032

Metropolis electric corp was initially approved for PPP Loan of amount $734,032, the current approved amount is $734,032. The loan was approved on 02/26/2021 by The TD Bank, National Association reported 53 jobs and $734,032 was used to fund payroll.

Metropolis electric corp is Existing or more than 2 years old

METROPOLIS ELECTRIC CORP

Date Approved

02/26/2021

SBA Office Code

0202

Processing Method

PPS

Borrower Name

METROPOLIS ELECTRIC CORP

Borrower Address

1136 31st Ave

Borrower City

Astoria

Borrower State

NY

Borrower Zip

11106-4845

Loan Status Date

01/21/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

734032.00

Current Approval Amount

734032.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

29805

Servicing Lender Name

TD Bank, National Association

Servicing Lender Address

2035 Limestone Rd

Servicing Lender City

WILMINGTON

Servicing Lender State

DE

Servicing Lender Zip

19808-5529

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Astoria

Project County Name

QUEENS

Project State

NY

Project Zip

11106-4845

CD

NY-14

Jobs Reported

53

NAICS Code

238210

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

734027.00

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

Subchapter S Corporation

Originating Lender Location Id

29805

Originating Lender

TD Bank, National Association

Originating Lender City

WILMINGTON

Originating Lender State

DE

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

739598.41

Forgiveness Date

12/09/2021

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