PPP Loan information for Progressive automotive llc

$89,355

Progressive automotive llc was initially approved for PPP Loan of amount $89,355, the current approved amount is $89,355. The loan was approved on 01/27/2021 by The Atlantic Union Bank reported 7 jobs and $89,355 was used to fund payroll.

Progressive automotive llc is Existing or more than 2 years old

PROGRESSIVE AUTOMOTIVE LLC

Date Approved

01/27/2021

SBA Office Code

0353

Processing Method

PPS

Borrower Name

PROGRESSIVE AUTOMOTIVE LLC

Borrower Address

11 East Colonial Highway 11 East Colonial Highway

Borrower City

Hamilton

Borrower State

VA

Borrower Zip

20158

Loan Status Date

11/11/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

89355.00

Current Approval Amount

89355.00

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

N

Business Age Description

Existing or more than 2 years old

Project City

Hamilton

Project County Name

LOUDOUN

Project State

VA

Project Zip

20158

CD

VA-10

Jobs Reported

7

NAICS Code

811111

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

89355.00

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

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

89901.06

Forgiveness Date

09/17/2021

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