PPP Loan information for Metal processing corporation inc

$707,153

Metal processing corporation inc was initially approved for PPP Loan of amount $707,153, the current approved amount is $707,153. The loan was approved on 04/13/2020 by The Granite Bank reported 73 jobs and $707,153 was used to fund payroll.

Metal processing corporation inc is New Business or 2 years or less

PPP Loan Search / IN / GARY / Metal processing corporation inc

METAL PROCESSING CORPORATION INC

Date Approved

04/13/2020

SBA Office Code

0562

Processing Method

PPP

Borrower Name

METAL PROCESSING CORPORATION INC

Borrower Address

201 MISSISSIPPI ST

Borrower City

GARY

Borrower State

IN

Borrower Zip

46402-1536

Loan Status Date

07/31/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

707153.32

Current Approval Amount

707153.32

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

36743

Servicing Lender Name

Granite Bank

Servicing Lender Address

202 2nd Ave S

Servicing Lender City

COLD SPRING

Servicing Lender State

MN

Servicing Lender Zip

56320

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

New Business or 2 years or less

Project City

GARY

Project County Name

LAKE

Project State

IN

Project Zip

46402-1536

CD

IN-01

Jobs Reported

73

NAICS Code

332322

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

707153.32

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

36743

Originating Lender

Granite Bank

Originating Lender City

COLD SPRING

Originating Lender State

MN

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

712378.40

Forgiveness Date

01/12/2021

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