PPP Loan information for Metro electric incorporated

$65,000

Metro electric incorporated was initially approved for PPP Loan of amount $65,000, the current approved amount is $65,000. The loan was approved on 04/30/2020 by The Dean Co-Operative Bank reported 6 jobs and $65,000 was used to fund payroll.

Metro electric incorporated is New Business or 2 years or less

PPP Loan Search / MA / DOUGLAS / Metro electric incorporated

METRO ELECTRIC INCORPORATED

Date Approved

04/30/2020

SBA Office Code

0101

Processing Method

PPP

Borrower Name

METRO ELECTRIC INCORPORATED

Borrower Address

10 ESSEX STREET

Borrower City

DOUGLAS

Borrower State

MA

Borrower Zip

01516

Loan Status Date

03/17/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

65000.00

Current Approval Amount

65000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

89080

Servicing Lender Name

Dean Co-Operative Bank

Servicing Lender Address

21 Main St

Servicing Lender City

FRANKLIN

Servicing Lender State

MA

Servicing Lender Zip

02038-1957

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

New Business or 2 years or less

Project City

DOUGLAS

Project County Name

WORCESTER

Project State

MA

Project Zip

01516-0001

CD

MA-02

Jobs Reported

6

NAICS Code

238210

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

65000.00

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

89080

Originating Lender

Dean Co-Operative Bank

Originating Lender City

FRANKLIN

Originating Lender State

MA

Gender

Female Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

65523.61

Forgiveness Date

02/23/2021

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