# PPP loan: METROPOLITAN ELEVATOR SERVICE CORP
> **$477K** approved 05/02/2020 · Paid in Full · Loan `9492257300`
## Borrower
- **Name:** METROPOLITAN ELEVATOR SERVICE CORP
- **Address:** 66 RAMAPO VALLEY RD, MAHWAH, NJ, 07430-1164
- **NAICS:** 237990
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $477K
- **Initial approval:** $477K
- **Forgiven:** $483K (101%)
- **Forgiveness date:** 09/28/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $437K
- **Utilities:** $2K
- **Health care:** $36K
- **Debt interest:** $2K
- **Jobs reported:** 27
## 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*