Metro Motors Inc.

$1,444,382 PPP Loan in Johnston, Rhode Island

Loan Details

Loan Number
6408838505
Date Approved
Mar 3, 2021
Loan Status
Paid in Full
Initial Approval
$1,444,382
Current Approval
$1,444,382
Forgiveness Amount
$1,280,305
Forgiveness Date
Jan 31, 2022
Term
60 months
Draw
Second Draw

Business Information

Business Name
Metro Motors Inc.
Address
1880 Hartford Ave
ZIP Code
02919-3243
Business Type
Subchapter S Corporation
Industry (NAICS)
Retail Trade (441110)
Franchise
Honda Automobile Division - Dealer Sales and Service Agreement
Business Age
Existing or more than 2 years old
Jobs Reported
85
Estimated Revenue
$21.4M
Rural/Urban
Urban
Congressional District
RI-02

Loan Use Breakdown

Payroll
$1,444,382

Lender Information

Servicing Lender
Mechanics Cooperative Bank
Originating Lender
Mechanics Cooperative Bank

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