PPP Loan information for Progressive electric, inc.

$53,935

Progressive electric, inc. was initially approved for PPP Loan of amount $53,935, the current approved amount is $53,935. The loan was approved on 05/01/2020 by The Wells Fargo Bank, National Association reported 5 jobs and $53,935 was used to fund payroll.

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

PPP Loan Search / VA / MECHANICSVILLE / Progressive electric, inc.

PROGRESSIVE ELECTRIC, INC.

Date Approved

05/01/2020

SBA Office Code

0304

Processing Method

PPP

Borrower Name

PROGRESSIVE ELECTRIC, INC.

Borrower Address

9090 FAYEMONT DR

Borrower City

MECHANICSVILLE

Borrower State

VA

Borrower Zip

23116

Loan Status Date

09/21/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

53935.00

Current Approval Amount

53935.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

12096

Servicing Lender Name

Wells Fargo Bank, National Association

Servicing Lender Address

101 N Philips Ave

Servicing Lender City

SIOUX FALLS

Servicing Lender State

SD

Servicing Lender Zip

57104-6738

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

MECHANICSVILLE

Project County Name

HANOVER

Project State

VA

Project Zip

23116-0001

CD

VA-01

Jobs Reported

5

NAICS Code

238210

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

53935.00

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

12096

Originating Lender

Wells Fargo Bank, National Association

Originating Lender City

SIOUX FALLS

Originating Lender State

SD

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

54607.34

Forgiveness Date

08/09/2021

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