PPP Loan information for Progressive distribution centers, inc.

$489,700

Progressive distribution centers, inc. was initially approved for PPP Loan of amount $489,700, the current approved amount is $489,700. The loan was approved on 04/28/2020 by The Comerica Bank reported 38 jobs and $489,700 was used to fund payroll.

Progressive distribution centers, inc. is Existing or more than 2 years old

PPP Loan Search / MI / Melvindale / Progressive distribution centers, inc.

PROGRESSIVE DISTRIBUTION CENTERS, INC.

Date Approved

04/28/2020

SBA Office Code

0515

Processing Method

PPP

Borrower Name

PROGRESSIVE DISTRIBUTION CENTERS, INC.

Borrower Address

18765 Seaway Drive

Borrower City

Melvindale

Borrower State

MI

Borrower Zip

48122-1954

Loan Status Date

07/09/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

489700.00

Current Approval Amount

489700.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

33850

Servicing Lender Name

Comerica Bank

Servicing Lender Address

1717 Main St

Servicing Lender City

DALLAS

Servicing Lender State

TX

Servicing Lender Zip

75201-4612

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Melvindale

Project County Name

WAYNE

Project State

MI

Project Zip

48122-1954

CD

MI-13

Jobs Reported

38

NAICS Code

493110

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

391776.00

Mortgage Interest Proceed

97924.00

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

33850

Originating Lender

Comerica Bank

Originating Lender City

DALLAS

Originating Lender State

TX

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

495249.93

Forgiveness Date

06/24/2021

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