PPP Loan information for Metro community development corporation

$12,000

Metro community development corporation was initially approved for PPP Loan of amount $12,000, the current approved amount is $12,000. The loan was approved on 04/08/2020 by The St. Mary's CU reported 3 jobs and $12,000 was used to fund payroll.

Metro community development corporation is Existing or more than 2 years old

METRO COMMUNITY DEVELOPMENT CORPORATION

Date Approved

04/08/2020

SBA Office Code

0101

Processing Method

PPP

Borrower Name

METRO COMMUNITY DEVELOPMENT CORPORATION

Borrower Address

40 MECHANIC ST

Borrower City

MARLBOROUGH

Borrower State

MA

Borrower Zip

01752-4404

Loan Status Date

12/18/2020

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

12000.00

Current Approval Amount

12000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

98539

Servicing Lender Name

St. Mary's CU

Servicing Lender Address

46 Lizotte Dr

Servicing Lender City

MARLBOROUGH

Servicing Lender State

MA

Servicing Lender Zip

01752-3061

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

MARLBOROUGH

Project County Name

MIDDLESEX

Project State

MA

Project Zip

01752-4404

CD

MA-03

Jobs Reported

3

NAICS Code

925120

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

800.00

Payroll Proceed

9600.00

Mortgage Interest Proceed

0.00

Rent Proceed

1600.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Non-Profit Organization

Originating Lender Location Id

98539

Originating Lender

St. Mary's CU

Originating Lender City

MARLBOROUGH

Originating Lender State

MA

Gender

Female Owned

Veteran

Non-Veteran

Non Profit

Y

Forgiveness Amount

9051.29

Forgiveness Date

11/10/2020

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