# PPP loan: METRO EAST INDUSTRIES, INC.
> **$7.96M** approved 04/08/2020 · Paid in Full · Loan `7691017008`
## Borrower
- **Name:** METRO EAST INDUSTRIES, INC.
- **Address:** 3800 Missouri ave., EAST SAINT LOUIS, IL, 62207-2720
- **NAICS:** 336510
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $7.96M
- **Initial approval:** $7.96M
- **Forgiven:** $8.06M (101%)
- **Forgiveness date:** 07/30/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $5.97M
- **Mortgage interest:** $1.99M
- **Jobs reported:** 428
## Lender
- **Originating:** Carrollton Bank
- **Servicing:** Carrollton Bank (IL)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*