PPP Loan information for Metro & sons electric inc

$412,500

Metro & sons electric inc was initially approved for PPP Loan of amount $412,500, the current approved amount is $412,500. The loan was approved on 04/04/2020 by The The Security National Bank of Sioux City, Iowa reported 38 jobs and $412,500 was used to fund payroll.

Metro & sons electric inc is Existing or more than 2 years old

PPP Loan Search / IA / SIOUX CITY / Metro & sons electric inc

METRO & SONS ELECTRIC INC

Date Approved

04/04/2020

SBA Office Code

0761

Processing Method

PPP

Borrower Name

METRO & SONS ELECTRIC INC

Borrower Address

931 Steuben Street

Borrower City

SIOUX CITY

Borrower State

IA

Borrower Zip

51101-2048

Loan Status Date

11/18/2020

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

412500.00

Current Approval Amount

412500.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

25474

Servicing Lender Name

The Security National Bank of Sioux City, Iowa

Servicing Lender Address

601 Pierce St

Servicing Lender City

SIOUX CITY

Servicing Lender State

IA

Servicing Lender Zip

51101-1205

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

SIOUX CITY

Project County Name

WOODBURY

Project State

IA

Project Zip

51101-2048

CD

IA-04

Jobs Reported

38

NAICS Code

238210

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

412500.00

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

Subchapter S Corporation

Originating Lender Location Id

25474

Originating Lender

The Security National Bank of Sioux City, Iowa

Originating Lender City

SIOUX CITY

Originating Lender State

IA

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

414794.18

Forgiveness Date

11/03/2020

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