PPP Loan information for Progress printing company

$1,201,600

Progress printing company was initially approved for PPP Loan of amount $1,201,600, the current approved amount is $1,201,600. The loan was approved on 04/07/2020 by The American National Bank and Trust Company reported 99 jobs and $1,201,600 was used to fund payroll.

Progress printing company is Existing or more than 2 years old

PROGRESS PRINTING COMPANY

Date Approved

04/07/2020

SBA Office Code

0304

Processing Method

PPP

Borrower Name

PROGRESS PRINTING COMPANY

Borrower Address

2677 Waterlick Road

Borrower City

LYNCHBURG

Borrower State

VA

Borrower Zip

24502-4861

Loan Status Date

03/16/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

1201600.00

Current Approval Amount

1201600.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

73215

Servicing Lender Name

American National Bank and Trust Company

Servicing Lender Address

628 Main St

Servicing Lender City

DANVILLE

Servicing Lender State

VA

Servicing Lender Zip

24541-1320

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

LYNCHBURG

Project County Name

LYNCHBURG CITY

Project State

VA

Project Zip

24502-4861

CD

VA-05

Jobs Reported

99

NAICS Code

323111

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

130000.00

Payroll Proceed

901600.00

Mortgage Interest Proceed

0.00

Rent Proceed

170000.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Corporation

Originating Lender Location Id

73215

Originating Lender

American National Bank and Trust Company

Originating Lender City

DANVILLE

Originating Lender State

VA

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

1211913.73

Forgiveness Date

02/19/2021

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