# PPP loan: METROPOLIS ELECTRIC CORP
> **$734K** approved 02/26/2021 · Paid in Full · Loan `4531628508`
## Borrower
- **Name:** METROPOLIS ELECTRIC CORP
- **Address:** 1136 31st Ave, Astoria, NY, 11106-4845
- **NAICS:** 238210
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $734K
- **Initial approval:** $734K
- **Forgiven:** $740K (101%)
- **Forgiveness date:** 12/09/2021
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $734K
- **Utilities:** $1
- **Jobs reported:** 53
## Lender
- **Originating:** TD Bank, National Association
- **Servicing:** TD Bank, National Association (DE)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*