# PPP loan: METRO ELECTRIC ENGINEERING TECHNOLOGIES COMPANY
> **$687K** approved 05/01/2020 · Paid in Full · Loan `5202387701`
## Borrower
- **Name:** METRO ELECTRIC ENGINEERING TECHNOLOGIES COMPANY
- **Address:** 110 E POND DR, ROMEO, MI, 48065-4902
- **NAICS:** 238210
- **Business type:** Corporation
- **Business age:** New Business or 2 years or less
## Loan
- **Approval amount:** $687K
- **Initial approval:** $687K
- **Forgiven:** $691K (101%)
- **Forgiveness date:** 12/23/2020
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $687K
- **Jobs reported:** 56
## Lender
- **Originating:** Bank of America, National Association
- **Servicing:** Bank of America, National Association (NC)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*