PPP Loan information for Metropolitan school of the arts

$350,000

Metropolitan school of the arts was initially approved for PPP Loan of amount $350,000, the current approved amount is $350,000. The loan was approved on 01/23/2021 by The Burke & Herbert Bank & Trust Company reported 54 jobs and $350,000 was used to fund payroll.

Metropolitan school of the arts is Existing or more than 2 years old

METROPOLITAN SCHOOL OF THE ARTS

Date Approved

01/23/2021

SBA Office Code

0353

Processing Method

PPS

Borrower Name

METROPOLITAN SCHOOL OF THE ARTS

Borrower Address

5775 Barclay Dr Ste 4

Borrower City

Alexandria

Borrower State

VA

Borrower Zip

22315-5710

Loan Status Date

11/05/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

350000.00

Current Approval Amount

350000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

73056

Servicing Lender Name

Burke & Herbert Bank & Trust Company

Servicing Lender Address

100 S Fairfax St

Servicing Lender City

ALEXANDRIA

Servicing Lender State

VA

Servicing Lender Zip

22314-3340

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Alexandria

Project County Name

FAIRFAX

Project State

VA

Project Zip

22315-5710

CD

VA-08

Jobs Reported

54

NAICS Code

711190

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

349996.00

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

73056

Originating Lender

Burke & Herbert Bank & Trust Company

Originating Lender City

ALEXANDRIA

Originating Lender State

VA

Gender

Unanswered

Veteran

Unanswered

Non Profit

Y

Forgiveness Amount

352411.11

Forgiveness Date

10/06/2021

;