# PPP loan: METRO MACHINING & FABRICATING CO INC
> **$220K** approved 05/01/2020 · Paid in Full · Loan `2046397708`
## Borrower
- **Name:** METRO MACHINING & FABRICATING CO INC
- **Address:** 4035 24TH ST, LONG ISLAND CITY, NY, 11101
- **NAICS:** 811310
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $220K
- **Initial approval:** $220K
- **Forgiven:** $222K (101%)
- **Forgiveness date:** 07/09/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $185K
- **Rent:** $10K
- **Utilities:** $7K
- **Health care:** $18K
- **Jobs reported:** 10
## Lender
- **Originating:** JPMorgan Chase Bank, National Association
- **Servicing:** JPMorgan Chase Bank, National Association (OH)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*