# PPP loan: METRALITE INDUSTRIES INC
> **$532K** approved 02/18/2021 · Paid in Full · Loan `1093058509`
## Borrower
- **Name:** METRALITE INDUSTRIES INC
- **Address:** 13270 34th Ave, Flushing, NY, 11354-2706
- **NAICS:** 327211
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $532K
- **Initial approval:** $532K
- **Forgiven:** $535K (101%)
- **Forgiveness date:** 11/19/2021
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $532K
- **Utilities:** $1
- **Jobs reported:** 17
## Lender
- **Originating:** Citibank, N.A.
- **Servicing:** Citibank, N.A. (SD)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*