PPP Loan information for Metropolitan paper recycling inc

$1,068,420

Metropolitan paper recycling inc was initially approved for PPP Loan of amount $1,068,420, the current approved amount is $1,068,420. The loan was approved on 01/21/2021 by The Signature Bank reported 80 jobs and $1,068,420 was used to fund payroll.

Metropolitan paper recycling inc is Existing or more than 2 years old

METROPOLITAN PAPER RECYCLING INC

Date Approved

01/21/2021

SBA Office Code

0202

Processing Method

PPS

Borrower Name

METROPOLITAN PAPER RECYCLING INC

Borrower Address

847 Shepherd Ave

Borrower City

Brooklyn

Borrower State

NY

Borrower Zip

11208-5227

Loan Status Date

10/20/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

1068419.80

Current Approval Amount

1068419.80

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

224478

Servicing Lender Name

Signature Bank

Servicing Lender Address

565 5th Ave, 12th Fl

Servicing Lender City

NEW YORK CITY

Servicing Lender State

NY

Servicing Lender Zip

10017-2496

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Brooklyn

Project County Name

KINGS

Project State

NY

Project Zip

11208-5227

CD

NY-08

Jobs Reported

80

NAICS Code

423930

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

1068416.80

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

Corporation

Originating Lender Location Id

224478

Originating Lender

Signature Bank

Originating Lender City

NEW YORK CITY

Originating Lender State

NY

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

1075620.66

Forgiveness Date

10/04/2021

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