PPP Loan information for Progressive care services inc.

$98,520

Progressive care services inc. was initially approved for PPP Loan of amount $98,520, the current approved amount is $98,520. The loan was approved on 01/22/2021 by The First Carolina Bank reported 15 jobs and $98,520 was used to fund payroll.

Progressive care services inc. is Existing or more than 2 years old

PROGRESSIVE CARE SERVICES INC.

Date Approved

01/22/2021

SBA Office Code

0460

Processing Method

PPS

Borrower Name

PROGRESSIVE CARE SERVICES INC.

Borrower Address

2747 Sunset Ave Ste 109

Borrower City

Rocky Mount

Borrower State

NC

Borrower Zip

27804-3751

Loan Status Date

03/16/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

98520.00

Current Approval Amount

98520.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

203771

Servicing Lender Name

First Carolina Bank

Servicing Lender Address

171 N Winstead Ave

Servicing Lender City

ROCKY MOUNT

Servicing Lender State

NC

Servicing Lender Zip

27804-2236

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Rocky Mount

Project County Name

NASH

Project State

NC

Project Zip

27804-3751

CD

NC-01

Jobs Reported

15

NAICS Code

624190

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

98518.00

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

Subchapter S Corporation

Originating Lender Location Id

203771

Originating Lender

First Carolina Bank

Originating Lender City

ROCKY MOUNT

Originating Lender State

NC

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

99354.68

Forgiveness Date

12/06/2021

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