PPP Loan information for Progress company

$81,965

Progress company was initially approved for PPP Loan of amount $81,965, the current approved amount is $81,965. The loan was approved on 05/01/2020 by The JPMorgan Chase Bank, National Association reported 8 jobs and $81,965 was used to fund payroll.

Progress company is Existing or more than 2 years old

PROGRESS COMPANY

Date Approved

05/01/2020

SBA Office Code

0515

Processing Method

PPP

Borrower Name

PROGRESS COMPANY

Borrower Address

10580 Harrison Road

Borrower City

ROMULUS

Borrower State

MI

Borrower Zip

48174

Loan Status Date

04/22/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

81965.00

Current Approval Amount

81965.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

48270

Servicing Lender Name

JPMorgan Chase Bank, National Association

Servicing Lender Address

1111 Polaris Pkwy

Servicing Lender City

COLUMBUS

Servicing Lender State

OH

Servicing Lender Zip

43240-2031

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

ROMULUS

Project County Name

WAYNE

Project State

MI

Project Zip

48174-0001

CD

MI-13

Jobs Reported

8

NAICS Code

238320

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1000.00

Payroll Proceed

68965.00

Mortgage Interest Proceed

0.00

Rent Proceed

12000.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Subchapter S Corporation

Originating Lender Location Id

48270

Originating Lender

JPMorgan Chase Bank, National Association

Originating Lender City

COLUMBUS

Originating Lender State

OH

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

82692.39

Forgiveness Date

03/24/2021

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