PPP Loan information for Metropolitan transportation network inc

$1,987,160

Metropolitan transportation network inc was initially approved for PPP Loan of amount $1,987,160, the current approved amount is $1,987,160. The loan was approved on 02/24/2021 by The Northeast Bank reported 279 jobs and $1,987,160 was used to fund payroll.

Metropolitan transportation network inc is Existing or more than 2 years old

PPP Loan Search / MN / Minneapolis / Metropolitan transportation network inc

METROPOLITAN TRANSPORTATION NETWORK INC

Date Approved

02/24/2021

SBA Office Code

0508

Processing Method

PPS

Borrower Name

METROPOLITAN TRANSPORTATION NETWORK INC

Borrower Address

8260 Hickory St NE

Borrower City

Minneapolis

Borrower State

MN

Borrower Zip

55432-1002

Loan Status Date

05/06/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

1987160.00

Current Approval Amount

1987160.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

38406

Servicing Lender Name

Northeast Bank

Servicing Lender Address

77 Broadway St NE

Servicing Lender City

MINNEAPOLIS

Servicing Lender State

MN

Servicing Lender Zip

55413-1811

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Minneapolis

Project County Name

ANOKA

Project State

MN

Project Zip

55432-1002

CD

MN-05

Jobs Reported

279

NAICS Code

485410

Race

Black or African American

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

1987158.00

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

38406

Originating Lender

Northeast Bank

Originating Lender City

MINNEAPOLIS

Originating Lender State

MN

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

2009209.31

Forgiveness Date

04/12/2022

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