PPP Loan information for Progressive auto sales

$178,200

Progressive auto sales was initially approved for PPP Loan of amount $178,200, the current approved amount is $178,200. The loan was approved on 04/15/2020 by The ConnectOne Bank reported 7 jobs and $178,200 was used to fund payroll.

Progressive auto sales is Existing or more than 2 years old

PPP Loan Search / NJ / TOTOWA / Progressive auto sales

PROGRESSIVE AUTO SALES

Date Approved

04/15/2020

SBA Office Code

0299

Processing Method

PPP

Borrower Name

PROGRESSIVE AUTO SALES

Borrower Address

587 Union Avenue

Borrower City

TOTOWA

Borrower State

NJ

Borrower Zip

07512

Loan Status Date

06/19/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

178200.00

Current Approval Amount

178200.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

432941

Servicing Lender Name

ConnectOne Bank

Servicing Lender Address

301 Sylvan Ave

Servicing Lender City

ENGLEWOOD CLIFFS

Servicing Lender State

NJ

Servicing Lender Zip

07632-2539

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

TOTOWA

Project County Name

PASSAIC

Project State

NJ

Project Zip

07512-1000

CD

NJ-11

Jobs Reported

7

NAICS Code

441120

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

178200.00

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

Subchapter S Corporation

Originating Lender Location Id

432941

Originating Lender

ConnectOne Bank

Originating Lender City

ENGLEWOOD CLIFFS

Originating Lender State

NJ

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

180110.70

Forgiveness Date

05/21/2021

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