PPP Loan information for Progressive alternatives, inc.

$514,300

Progressive alternatives, inc. was initially approved for PPP Loan of amount $514,300, the current approved amount is $514,300. The loan was approved on 04/27/2020 by The Comerica Bank reported 108 jobs and $514,300 was used to fund payroll.

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

PROGRESSIVE ALTERNATIVES, INC.

Date Approved

04/27/2020

SBA Office Code

0515

Processing Method

PPP

Borrower Name

PROGRESSIVE ALTERNATIVES, INC.

Borrower Address

424 S. Drake Road

Borrower City

Kalamazoo

Borrower State

MI

Borrower Zip

49009-1217

Loan Status Date

10/07/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

514300.00

Current Approval Amount

514300.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

33850

Servicing Lender Name

Comerica Bank

Servicing Lender Address

1717 Main St

Servicing Lender City

DALLAS

Servicing Lender State

TX

Servicing Lender Zip

75201-4612

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Kalamazoo

Project County Name

KALAMAZOO

Project State

MI

Project Zip

49009-1217

CD

MI-04

Jobs Reported

108

NAICS Code

621610

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

411479.80

Mortgage Interest Proceed

102820.20

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

33850

Originating Lender

Comerica Bank

Originating Lender City

DALLAS

Originating Lender State

TX

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

521271.62

Forgiveness Date

09/02/2021

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