PPP Loan information for Progress, inc.

$62,558

Progress, inc. was initially approved for PPP Loan of amount $62,558, the current approved amount is $62,558. The loan was approved on 04/08/2020 by The First State Bank Southwest reported 42 jobs and $62,558 was used to fund payroll.

Progress, inc. is New Business or 2 years or less

PROGRESS, INC.

Date Approved

04/08/2020

SBA Office Code

0508

Processing Method

PPP

Borrower Name

PROGRESS, INC.

Borrower Address

101 4TH AVE NE

Borrower City

PIPESTONE

Borrower State

MN

Borrower Zip

56164-1629

Loan Status Date

12/18/2020

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

62558.45

Current Approval Amount

62558.45

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

38811

Servicing Lender Name

First State Bank Southwest

Servicing Lender Address

202 8th Ave SE

Servicing Lender City

PIPESTONE

Servicing Lender State

MN

Servicing Lender Zip

56164-2140

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

New Business or 2 years or less

Project City

PIPESTONE

Project County Name

PIPESTONE

Project State

MN

Project Zip

56164-1629

CD

MN-07

Jobs Reported

42

NAICS Code

623312

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

62558.45

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

Non-Profit Organization

Originating Lender Location Id

38811

Originating Lender

First State Bank Southwest

Originating Lender City

PIPESTONE

Originating Lender State

MN

Gender

Unanswered

Veteran

Unanswered

Non Profit

Y

Forgiveness Amount

62944.23

Forgiveness Date

11/25/2020

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