PPP Loan information for Metro welding supply corporation

$1,187,500

Metro welding supply corporation was initially approved for PPP Loan of amount $1,187,500, the current approved amount is $1,187,500. The loan was approved on 04/12/2020 by The The Huntington National Bank reported 80 jobs and $1,187,500 was used to fund payroll.

Metro welding supply corporation is Existing or more than 2 years old

PPP Loan Search / MI / DETROIT / Metro welding supply corporation

METRO WELDING SUPPLY CORPORATION

Date Approved

04/12/2020

SBA Office Code

0515

Processing Method

PPP

Borrower Name

METRO WELDING SUPPLY CORPORATION

Borrower Address

12620 Southfield Rd

Borrower City

DETROIT

Borrower State

MI

Borrower Zip

48223-3535

Loan Status Date

12/17/2020

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

1187500.00

Current Approval Amount

1187500.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

57328

Servicing Lender Name

The Huntington National Bank

Servicing Lender Address

17 S High St.

Servicing Lender City

COLUMBUS

Servicing Lender State

OH

Servicing Lender Zip

43215-3413

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

DETROIT

Project County Name

WAYNE

Project State

MI

Project Zip

48223-3535

CD

MI-12

Jobs Reported

80

NAICS Code

333992

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

1187500.00

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

57328

Originating Lender

The Huntington National Bank

Originating Lender City

COLUMBUS

Originating Lender State

OH

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

1193998.26

Forgiveness Date

11/05/2020

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