PPP Loan information for Progressive building systems, ltd.

$1,238,697

Progressive building systems, ltd. was initially approved for PPP Loan of amount $1,238,697, the current approved amount is $1,238,697. The loan was approved on 04/12/2020 by The Frandsen Bank & Trust reported 90 jobs and $1,238,697 was used to fund payroll.

Progressive building systems, ltd. is Existing or more than 2 years old

PPP Loan Search / MN / SAINT MICHAEL / Progressive building systems, ltd.

PROGRESSIVE BUILDING SYSTEMS, LTD.

Date Approved

04/12/2020

SBA Office Code

0508

Processing Method

PPP

Borrower Name

PROGRESSIVE BUILDING SYSTEMS, LTD.

Borrower Address

16184 54th St NE

Borrower City

SAINT MICHAEL

Borrower State

MN

Borrower Zip

55376-3350

Loan Status Date

02/12/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

1238697.00

Current Approval Amount

1238697.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

38689

Servicing Lender Name

Frandsen Bank & Trust

Servicing Lender Address

116 W Central St

Servicing Lender City

LONSDALE

Servicing Lender State

MN

Servicing Lender Zip

55046-9626

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

SAINT MICHAEL

Project County Name

WRIGHT

Project State

MN

Project Zip

55376-3350

CD

MN-06

Jobs Reported

90

NAICS Code

236210

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

123869.70

Payroll Proceed

929022.75

Mortgage Interest Proceed

185804.55

Rent Proceed

0.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Corporation

Originating Lender Location Id

38689

Originating Lender

Frandsen Bank & Trust

Originating Lender City

LONSDALE

Originating Lender State

MN

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

1247861.03

Forgiveness Date

01/20/2021

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