As part of the Paycheck Protection Program METRO ELECTRIC, 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, INC


Loan Amount	$1,193,800
BusinessName	METRO ELECTRIC, INC
Address	1901 INDUSTRIAL DR
City	MCALLEN
State	TX
Zip	78504
NAICSCode	238210
BusinessType	Corporation
RaceEthnicity	White
Gender	Male Owned
Veteran	Non-Veteran
NonProfit
JobsReported	161
DateApproved	04/10/2020
Lender	Frost Bank
CD	TX-15
BusinessName.clean	METRO ELECTRIC

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