PPP Loan information for Progress inc

$66,423

Progress inc was initially approved for PPP Loan of amount $66,423, the current approved amount is $66,423. The loan was approved on 04/13/2021 by The Customers Bank reported 15 jobs and $66,423 was used to fund payroll.

Progress inc is Existing or more than 2 years old

PPP Loan Search / MD / Kensington / Progress inc

PROGRESS INC

Date Approved

04/13/2021

SBA Office Code

0353

Processing Method

PPS

Borrower Name

PROGRESS INC

Borrower Address

10576 Metropolitan Ave N/A

Borrower City

Kensington

Borrower State

MD

Borrower Zip

20895-2641

Loan Status Date

08/23/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

66423.00

Current Approval Amount

66423.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

121536

Servicing Lender Name

Customers Bank

Servicing Lender Address

40 General Warren Blvd

Servicing Lender City

Malvern

Servicing Lender State

PA

Servicing Lender Zip

19355

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

20895-2641

CD

MD-08

Jobs Reported

15

NAICS Code

812990

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

66418.00

Mortgage Interest Proceed

0.00

Rent Proceed

0.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Subchapter S Corporation

Originating Lender Location Id

121536

Originating Lender

Customers Bank

Originating Lender City

Malvern

Originating Lender State

PA

Gender

Female Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

67210.98

Forgiveness Date

07/06/2022

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