PPP Loan information for Progressive ae, inc.

$4,330,600

Progressive ae, inc. was initially approved for PPP Loan of amount $4,330,600, the current approved amount is $4,330,600. The loan was approved on 04/11/2020 by The Independent Bank reported 221 jobs and $4,330,600 was used to fund payroll.

Progressive ae, inc. is Existing or more than 2 years old

PPP Loan Search / MI / GRAND RAPIDS / Progressive ae, inc.

PROGRESSIVE AE, INC.

Date Approved

04/11/2020

SBA Office Code

0515

Processing Method

PPP

Borrower Name

PROGRESSIVE AE, INC.

Borrower Address

1811 4 MILE RD NE

Borrower City

GRAND RAPIDS

Borrower State

MI

Borrower Zip

49525-2442

Loan Status Date

07/08/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

4330600.00

Current Approval Amount

4330600.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

77961

Servicing Lender Name

Independent Bank

Servicing Lender Address

4200 East Beltline Ave NE

Servicing Lender City

GRAND RAPIDS

Servicing Lender State

MI

Servicing Lender Zip

49525-9783

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

GRAND RAPIDS

Project County Name

KENT

Project State

MI

Project Zip

49525-2442

CD

MI-03

Jobs Reported

221

NAICS Code

541310

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

4330600.00

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

77961

Originating Lender

Independent Bank

Originating Lender City

GRAND RAPIDS

Originating Lender State

MI

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

4380312.92

Forgiveness Date

06/11/2021

;