Metro Electric, Inc.

$1,193,800 PPP Loan in Mcallen, Texas

Loan Details

Loan Number
1552677108
Date Approved
Apr 10, 2020
Loan Status
Paid in Full
Initial Approval
$1,193,800
Current Approval
$1,193,800
Forgiveness Amount
$1,206,458
Forgiveness Date
May 13, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Metro Electric, Inc.
Address
1901 Industrial Dr
State
Texas
ZIP Code
78504-4015
Business Type
Corporation
Industry (NAICS)
Construction (238210)
Business Age
Existing or more than 2 years old
Jobs Reported
161
Estimated Revenue
$53.0M
Rural/Urban
Urban
Congressional District
TX-15

Loan Use Breakdown

Payroll
$1,193,800

Lender Information

Servicing Lender
Frost Bank
Originating Lender
Frost Bank

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