PPP Loan information for Metropolitan hospitality inc

$180,000

Metropolitan hospitality inc was initially approved for PPP Loan of amount $180,000, the current approved amount is $180,000. The loan was approved on 01/22/2021 by The Fulton Bank, National Association reported 40 jobs and $180,000 was used to fund payroll.

Metropolitan hospitality inc is Existing or more than 2 years old

PPP Loan Search / PA / North Wales / Metropolitan hospitality inc

METROPOLITAN HOSPITALITY INC

Date Approved

01/22/2021

SBA Office Code

0303

Processing Method

PPS

Borrower Name

METROPOLITAN HOSPITALITY INC

Borrower Address

750 Upper State Rd

Borrower City

North Wales

Borrower State

PA

Borrower Zip

19454-1403

Loan Status Date

12/14/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

180000.00

Current Approval Amount

180000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

60701

Servicing Lender Name

Fulton Bank, National Association

Servicing Lender Address

One Penn Sq

Servicing Lender City

LANCASTER

Servicing Lender State

PA

Servicing Lender Zip

17602-2853

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

North Wales

Project County Name

MONTGOMERY

Project State

PA

Project Zip

19454-1403

CD

PA-01

Jobs Reported

40

NAICS Code

721199

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

179997.00

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

60701

Originating Lender

Fulton Bank, National Association

Originating Lender City

LANCASTER

Originating Lender State

PA

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

181395.62

Forgiveness Date

11/03/2021

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