PPP Loan information for Progressive building systems ltd.

$1,305,839

Progressive building systems ltd. was initially approved for PPP Loan of amount $1,305,839, the current approved amount is $1,305,839. The loan was approved on 02/11/2021 by The Frandsen Bank & Trust reported 48 jobs and $1,305,839 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

02/11/2021

SBA Office Code

0508

Processing Method

PPS

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

10/15/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

1305839.00

Current Approval Amount

1305839.00

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

48

NAICS Code

236210

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

1305836.00

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

Corporation

Originating Lender Location Id

38689

Originating Lender

Frandsen Bank & Trust

Originating Lender City

LONSDALE

Originating Lender State

MN

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

1313137.39

Forgiveness Date

09/15/2021

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