PPP Loan information for Metra industries inc

$945,247

Metra industries inc was initially approved for PPP Loan of amount $945,247, the current approved amount is $945,247. The loan was approved on 02/10/2021 by The Valley National Bank reported 42 jobs and $945,247 was used to fund payroll.

Metra industries inc is Existing or more than 2 years old

METRA INDUSTRIES INC

Date Approved

02/10/2021

SBA Office Code

0299

Processing Method

PPS

Borrower Name

METRA INDUSTRIES INC

Borrower Address

50 Muller Pl

Borrower City

Little Falls

Borrower State

NJ

Borrower Zip

07424-1133

Loan Status Date

12/10/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

945247.00

Current Approval Amount

945247.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

45120

Servicing Lender Name

Valley National Bank

Servicing Lender Address

615 Main Ave

Servicing Lender City

PASSAIC

Servicing Lender State

NJ

Servicing Lender Zip

07055-5066

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Little Falls

Project County Name

PASSAIC

Project State

NJ

Project Zip

07424-1133

CD

NJ-11

Jobs Reported

42

NAICS Code

237110

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

945245.00

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

45120

Originating Lender

Valley National Bank

Originating Lender City

PASSAIC

Originating Lender State

NJ

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

952336.35

Forgiveness Date

11/09/2021

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