As part of the Paycheck Protection Program METRO ELECTRIC CO. INC was approved for a loan.

The Paycheck Protection Program (PPP) incentivized business owners to continue paying their workers during the pandemic. In late December 2020, a new PPP bill authorized additional funding for the program.

METRO ELECTRIC CO. INC


Loan Amount	$1,390,039
BusinessName	METRO ELECTRIC CO. INC
Address	3350 MEETING STREET RD
City	NORTH CHARLESTON
State	SC
Zip	29405
NAICSCode	238210
BusinessType	Subchapter S Corporation
RaceEthnicity	Unanswered
Gender	Male Owned
Veteran	Unanswered
NonProfit
JobsReported	84
DateApproved	04/11/2020
Lender	South State Bank, National Association
CD	SC-06
BusinessName.clean	METRO ELECTRIC CO

Data Sources

The data come from a release of over 5 million records by the SBA in November, 2020.

Who Could Apply?

Entities affected by Coronavirus (COVID-19) may have been eligible, including:

Small businesses that met SBA’s size standards
Sole proprietors, independent contractors, and self-employed persons

More info about the PPP is available from the Small Business Administration.

Other Organizations with PPP Loans

METRO ELECTRIC
METRO EMERGENCY PHYSICIANS
METRO EXHIBITS
METRO FIRE APPARATUS SPECIALISTS
METRO FIRE EQUIPMENT