PPP Loan information for Progress machine & tool inc

$141,967

Progress machine & tool inc was initially approved for PPP Loan of amount $141,967, the current approved amount is $141,967. The loan was approved on 03/05/2021 by The The Huntington National Bank reported 17 jobs and $141,967 was used to fund payroll.

Progress machine & tool inc is Existing or more than 2 years old

PPP Loan Search / MI / Norton Shores / Progress machine & tool inc

PROGRESS MACHINE & TOOL INC

Date Approved

03/05/2021

SBA Office Code

0515

Processing Method

PPS

Borrower Name

PROGRESS MACHINE & TOOL INC

Borrower Address

1155 Judson Rd

Borrower City

Norton Shores

Borrower State

MI

Borrower Zip

49456-9681

Loan Status Date

08/17/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

141967.00

Current Approval Amount

141967.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

57328

Servicing Lender Name

The Huntington National Bank

Servicing Lender Address

17 S High St.

Servicing Lender City

COLUMBUS

Servicing Lender State

OH

Servicing Lender Zip

43215-3413

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Norton Shores

Project County Name

MUSKEGON

Project State

MI

Project Zip

49456-9681

CD

MI-02

Jobs Reported

17

NAICS Code

332710

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

141964.00

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

Corporation

Originating Lender Location Id

57328

Originating Lender

The Huntington National Bank

Originating Lender City

COLUMBUS

Originating Lender State

OH

Gender

Male Owned

Veteran

Veteran

Non Profit

Forgiveness Amount

142468.75

Forgiveness Date

07/19/2021

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