PPP Loan information for Metropolitan development council

$1,805,520

Metropolitan development council was initially approved for PPP Loan of amount $1,805,520, the current approved amount is $1,805,520. The loan was approved on 04/28/2020 by The Heritage Bank reported 182 jobs and $1,805,520 was used to fund payroll.

Metropolitan development council is Existing or more than 2 years old

METROPOLITAN DEVELOPMENT COUNCIL

Date Approved

04/28/2020

SBA Office Code

1013

Processing Method

PPP

Borrower Name

METROPOLITAN DEVELOPMENT COUNCIL

Borrower Address

945 FAWCETT AVE

Borrower City

TACOMA

Borrower State

WA

Borrower Zip

98402-5612

Loan Status Date

03/16/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

1805520.00

Current Approval Amount

1805520.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

81191

Servicing Lender Name

Heritage Bank

Servicing Lender Address

201 5th Ave SW

Servicing Lender City

OLYMPIA

Servicing Lender State

WA

Servicing Lender Zip

98501-1063

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

TACOMA

Project County Name

PIERCE

Project State

WA

Project Zip

98402-5612

CD

WA-06

Jobs Reported

182

NAICS Code

624229

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

1805520.00

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

Non-Profit Organization

Originating Lender Location Id

81191

Originating Lender

Heritage Bank

Originating Lender City

OLYMPIA

Originating Lender State

WA

Gender

Unanswered

Veteran

Unanswered

Non Profit

Y

Forgiveness Amount

1819321.10

Forgiveness Date

02/04/2021

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