PPP Loan information for U-metco inc.

$522,100

U-metco inc. was initially approved for PPP Loan of amount $522,100, the current approved amount is $522,100. The loan was approved on 03/12/2021 by The Comerica Bank reported 31 jobs and $522,100 was used to fund payroll.

U-metco inc. is Existing or more than 2 years old

U-METCO INC.

Date Approved

03/12/2021

SBA Office Code

0515

Processing Method

PPS

Borrower Name

U-METCO INC.

Borrower Address

8651 E 7 Mile Rd

Borrower City

Detroit

Borrower State

MI

Borrower Zip

48234-3658

Loan Status Date

03/28/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

522100.00

Current Approval Amount

522100.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

33850

Servicing Lender Name

Comerica Bank

Servicing Lender Address

1717 Main St

Servicing Lender City

DALLAS

Servicing Lender State

TX

Servicing Lender Zip

75201-4612

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Detroit

Project County Name

WAYNE

Project State

MI

Project Zip

48234-3658

CD

MI-13

Jobs Reported

31

NAICS Code

423930

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

522100.00

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

33850

Originating Lender

Comerica Bank

Originating Lender City

DALLAS

Originating Lender State

TX

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

527364.51

Forgiveness Date

03/16/2022

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