PPP Loan information for Metropolitan management group inc

$1,416,880

Metropolitan management group inc was initially approved for PPP Loan of amount $1,360,537, the current approved amount is $1,416,880. The loan was approved on 04/05/2020 by The Customers Bank reported 176 jobs and $1,416,880 was used to fund payroll.

Metropolitan management group inc is Existing or more than 2 years old

PPP Loan Search / PA / READING / Metropolitan management group inc

METROPOLITAN MANAGEMENT GROUP INC

Date Approved

04/05/2020

SBA Office Code

0303

Processing Method

PPP

Borrower Name

METROPOLITAN MANAGEMENT GROUP INC

Borrower Address

1030 Reed Avenue Suite 100

Borrower City

READING

Borrower State

PA

Borrower Zip

19610-2029

Loan Status Date

03/18/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

1360537.00

Current Approval Amount

1416880.00

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

19610-2029

CD

PA-06

Jobs Reported

176

NAICS Code

531210

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

1416880.00

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

1428836.14

Forgiveness Date

02/18/2021

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