PPP Loan information for Metropolitan management group

$1,500,550

Metropolitan management group was initially approved for PPP Loan of amount $1,500,550, the current approved amount is $1,500,550. The loan was approved on 02/06/2021 by The Customers Bank reported 114 jobs and $1,500,550 was used to fund payroll.

Metropolitan management group is Existing or more than 2 years old

METROPOLITAN MANAGEMENT GROUP

Date Approved

02/06/2021

SBA Office Code

0303

Processing Method

PPS

Borrower Name

METROPOLITAN MANAGEMENT GROUP

Borrower Address

2001 State Hill Rd Ste 205

Borrower City

Reading

Borrower State

PA

Borrower Zip

19610-1607

Loan Status Date

08/23/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

1500550.00

Current Approval Amount

1500550.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

121536

Servicing Lender Name

Customers Bank

Servicing Lender Address

40 General Warren Blvd

Servicing Lender City

Malvern

Servicing Lender State

PA

Servicing Lender Zip

19355

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Reading

Project County Name

BERKS

Project State

PA

Project Zip

19610-1607

CD

PA-06

Jobs Reported

114

NAICS Code

531311

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

1500548.00

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

121536

Originating Lender

Customers Bank

Originating Lender City

Malvern

Originating Lender State

PA

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

1522379.92

Forgiveness Date

08/04/2022

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