PPP Loan information for Progressive broadcasting inc.

$111,322

Progressive broadcasting inc. was initially approved for PPP Loan of amount $111,322, the current approved amount is $111,322. The loan was approved on 01/25/2021 by The Penn Community Bank reported 20 jobs and $111,322 was used to fund payroll.

Progressive broadcasting inc. is Existing or more than 2 years old

PROGRESSIVE BROADCASTING INC.

Date Approved

01/25/2021

SBA Office Code

0303

Processing Method

PPS

Borrower Name

PROGRESSIVE BROADCASTING INC.

Borrower Address

200 Magnolia Dr

Borrower City

Levittown

Borrower State

PA

Borrower Zip

19054-2007

Loan Status Date

02/04/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

111322.28

Current Approval Amount

111322.28

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

87093

Servicing Lender Name

Penn Community Bank

Servicing Lender Address

3969 Durham Rd

Servicing Lender City

DOYLESTOWN

Servicing Lender State

PA

Servicing Lender Zip

18902-1326

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Levittown

Project County Name

BUCKS

Project State

PA

Project Zip

19054-2007

CD

PA-01

Jobs Reported

20

NAICS Code

515112

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

111322.28

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

87093

Originating Lender

Penn Community Bank

Originating Lender City

DOYLESTOWN

Originating Lender State

PA

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

112754.01

Forgiveness Date

05/05/2022

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