Metro East Industries, Inc.

$7,959,415 PPP Loan in East Saint Louis, Illinois

Loan Details

Loan Number
7691017008
Date Approved
Apr 8, 2020
Loan Status
Paid in Full
Initial Approval
$7,959,415
Current Approval
$7,959,415
Forgiveness Amount
$8,063,551
Forgiveness Date
Jul 30, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Metro East Industries, Inc.
Address
3800 Missouri Ave.
ZIP Code
62207-2720
Business Type
Subchapter S Corporation
Industry (NAICS)
Manufacturing (336510)
Business Age
Existing or more than 2 years old
Jobs Reported
428
Estimated Revenue
$112.1M
Rural/Urban
Urban
Congressional District
IL-13

Loan Use Breakdown

Payroll
$5,969,561
Mortgage Interest
$1,989,854

Lender Information

Servicing Lender
Carrollton Bank
Originating Lender
Carrollton Bank

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