PPP Loan information for Metropolitan steel, inc

$1,842,400

Metropolitan steel, inc was initially approved for PPP Loan of amount $1,842,400, the current approved amount is $1,842,400. The loan was approved on 04/04/2020 by The American Commercial Bank & Trust, National Association reported 63 jobs and $1,842,400 was used to fund payroll.

Metropolitan steel, inc is Existing or more than 2 years old

PPP Loan Search / IL / LANSING / Metropolitan steel, inc

METROPOLITAN STEEL, INC

Date Approved

04/04/2020

SBA Office Code

0507

Processing Method

PPP

Borrower Name

METROPOLITAN STEEL, INC

Borrower Address

1931 E 177TH STREET

Borrower City

LANSING

Borrower State

IL

Borrower Zip

60438-1566

Loan Status Date

06/19/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

1842400.00

Current Approval Amount

1842400.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

22237

Servicing Lender Name

American Commercial Bank & Trust, National Association

Servicing Lender Address

701 LaSalle St

Servicing Lender City

OTTAWA

Servicing Lender State

IL

Servicing Lender Zip

61350-5011

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

LANSING

Project County Name

COOK

Project State

IL

Project Zip

60438-1566

CD

IL-02

Jobs Reported

63

NAICS Code

238120

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

1842400.00

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

22237

Originating Lender

American Commercial Bank & Trust, National Association

Originating Lender City

OTTAWA

Originating Lender State

IL

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

1863127.00

Forgiveness Date

05/21/2021

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