PPP Loan information for Metro studios inc.

$233,640

Metro studios inc. was initially approved for PPP Loan of amount $233,640, the current approved amount is $233,640. The loan was approved on 01/28/2021 by The Kerndt Brothers Savings Bank reported 18 jobs and $233,640 was used to fund payroll.

Metro studios inc. is Existing or more than 2 years old

METRO STUDIOS INC.

Date Approved

01/28/2021

SBA Office Code

0736

Processing Method

PPS

Borrower Name

METRO STUDIOS INC.

Borrower Address

1350 Sherman Rd

Borrower City

Hiawatha

Borrower State

IA

Borrower Zip

52233-1293

Loan Status Date

10/06/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

233640.00

Current Approval Amount

233640.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

25169

Servicing Lender Name

Kerndt Brothers Savings Bank

Servicing Lender Address

370 Main St

Servicing Lender City

LANSING

Servicing Lender State

IA

Servicing Lender Zip

52151

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Hiawatha

Project County Name

LINN

Project State

IA

Project Zip

52233-1293

CD

IA-02

Jobs Reported

18

NAICS Code

541810

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

233638.00

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

25169

Originating Lender

Kerndt Brothers Savings Bank

Originating Lender City

LANSING

Originating Lender State

IA

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

235009.39

Forgiveness Date

09/01/2021

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