PPP Loan information for Metropolitan telephone co

$319,500

Metropolitan telephone co was initially approved for PPP Loan of amount $417,000, the current approved amount is $319,500. The loan was approved on 04/10/2020 by The Rockland FCU reported 19 jobs and $319,500 was used to fund payroll.

Metropolitan telephone co is Existing or more than 2 years old

METROPOLITAN TELEPHONE CO

Date Approved

04/10/2020

SBA Office Code

0101

Processing Method

PPP

Borrower Name

METROPOLITAN TELEPHONE CO

Borrower Address

777 Providence Highway

Borrower City

WALPOLE

Borrower State

MA

Borrower Zip

02081-4270

Loan Status Date

12/17/2020

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

417000.00

Current Approval Amount

319500.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

98513

Servicing Lender Name

Rockland FCU

Servicing Lender Address

241 Union St

Servicing Lender City

ROCKLAND

Servicing Lender State

MA

Servicing Lender Zip

02370-1825

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

WALPOLE

Project County Name

NORFOLK

Project State

MA

Project Zip

02081-4270

CD

MA-08

Jobs Reported

19

NAICS Code

517311

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

319500.00

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

Corporation

Originating Lender Location Id

98513

Originating Lender

Rockland FCU

Originating Lender City

ROCKLAND

Originating Lender State

MA

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

321417.00

Forgiveness Date

11/30/2020

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