PPP Loan information for Metro wire & cable co.

$562,900

Metro wire & cable co. was initially approved for PPP Loan of amount $562,900, the current approved amount is $562,900. The loan was approved on 04/29/2020 by The Comerica Bank reported 44 jobs and $562,900 was used to fund payroll.

Metro wire & cable co. is Existing or more than 2 years old

PPP Loan Search / MI / Sterling Heights / Metro wire & cable co.

METRO WIRE & CABLE CO.

Date Approved

04/29/2020

SBA Office Code

0515

Processing Method

PPP

Borrower Name

METRO WIRE & CABLE CO.

Borrower Address

6636 Metro Parkway

Borrower City

Sterling Heights

Borrower State

MI

Borrower Zip

48312-1030

Loan Status Date

03/13/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

562900.00

Current Approval Amount

562900.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

33850

Servicing Lender Name

Comerica Bank

Servicing Lender Address

1717 Main St

Servicing Lender City

DALLAS

Servicing Lender State

TX

Servicing Lender Zip

75201-4612

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Sterling Heights

Project County Name

MACOMB

Project State

MI

Project Zip

48312-1030

CD

MI-10

Jobs Reported

44

NAICS Code

423610

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

450338.00

Mortgage Interest Proceed

112562.00

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

33850

Originating Lender

Comerica Bank

Originating Lender City

DALLAS

Originating Lender State

TX

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

567278.11

Forgiveness Date

02/16/2021

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