# PPP loan: METRO SALES, INC.
> **$4.55M** approved 04/07/2020 · Paid in Full · Loan `7632977003`
## Borrower
- **Name:** METRO SALES, INC.
- **Address:** 1620 EAST 78TH ST, MINNEAPOLIS, MN, 55423-4637
- **NAICS:** 532420
- **Business type:** Employee Stock Ownership Plan(ESOP)
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $4.55M
- **Initial approval:** $4.55M
- **Forgiven:** $4.60M (101%)
- **Forgiveness date:** 06/11/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $4.55M
- **Jobs reported:** 262
## Lender
- **Originating:** First International Bank & Trust
- **Servicing:** First International Bank & Trust (ND)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*