PPP Loan information for Progressive automotive 1 llc

$148,800

Progressive automotive 1 llc was initially approved for PPP Loan of amount $148,830, the current approved amount is $148,800. The loan was approved on 04/12/2020 by The Atlantic Union Bank reported 11 jobs and $148,800 was used to fund payroll.

Progressive automotive 1 llc is New Business or 2 years or less

PPP Loan Search / VA / Stafford / Progressive automotive 1 llc

PROGRESSIVE AUTOMOTIVE 1 LLC

Date Approved

04/12/2020

SBA Office Code

0304

Processing Method

PPP

Borrower Name

PROGRESSIVE AUTOMOTIVE 1 LLC

Borrower Address

60 Doc Stone Road

Borrower City

Stafford

Borrower State

VA

Borrower Zip

22556-4515

Loan Status Date

05/12/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

148830.00

Current Approval Amount

148800.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

122517

Servicing Lender Name

Atlantic Union Bank

Servicing Lender Address

1051 E Cary St, Ste 103

Servicing Lender City

RICHMOND

Servicing Lender State

VA

Servicing Lender Zip

23219-4029

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

Y

Business Age Description

New Business or 2 years or less

Project City

Stafford

Project County Name

STAFFORD

Project State

VA

Project Zip

22556-4515

CD

VA-07

Jobs Reported

11

NAICS Code

811111

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

148800.00

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

Limited Liability Company(LLC)

Originating Lender Location Id

122517

Originating Lender

Atlantic Union Bank

Originating Lender City

RICHMOND

Originating Lender State

VA

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

150288.00

Forgiveness Date

04/20/2021

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