PPP Loan information for Progress inc

$69,020

Progress inc was initially approved for PPP Loan of amount $69,020, the current approved amount is $69,020. The loan was approved on 06/24/2020 by The Celtic Bank Corporation reported 14 jobs and $69,020 was used to fund payroll.

Progress inc is Existing or more than 2 years old

PROGRESS INC

Date Approved

06/24/2020

SBA Office Code

0353

Processing Method

PPP

Borrower Name

PROGRESS INC

Borrower Address

10576 Metropolitan Avenue

Borrower City

Kensington

Borrower State

MD

Borrower Zip

20895-2606

Loan Status Date

07/14/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

69020.00

Current Approval Amount

69020.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

223542

Servicing Lender Name

Celtic Bank Corporation

Servicing Lender Address

268 S State St, Ste 300

Servicing Lender City

SALT LAKE CITY

Servicing Lender State

UT

Servicing Lender Zip

84111-5314

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Kensington

Project County Name

MONTGOMERY

Project State

MD

Project Zip

20895-2606

CD

MD-08

Jobs Reported

14

NAICS Code

812990

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

8627.50

Payroll Proceed

51765.00

Mortgage Interest Proceed

0.00

Rent Proceed

8627.50

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Subchapter S Corporation

Originating Lender Location Id

223542

Originating Lender

Celtic Bank Corporation

Originating Lender City

SALT LAKE CITY

Originating Lender State

UT

Gender

Female Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

69704.53

Forgiveness Date

06/22/2021

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