PPP Loan information for Progressive electrical services, inc.

$276,005

Progressive electrical services, inc. was initially approved for PPP Loan of amount $277,905, the current approved amount is $276,005. The loan was approved on 04/07/2020 by The Eastern Bank reported 22 jobs and $276,005 was used to fund payroll.

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

PPP Loan Search / NH / LEE / Progressive electrical services, inc.

PROGRESSIVE ELECTRICAL SERVICES, INC.

Date Approved

04/07/2020

SBA Office Code

0189

Processing Method

PPP

Borrower Name

PROGRESSIVE ELECTRICAL SERVICES, INC.

Borrower Address

1 Concord Road

Borrower City

LEE

Borrower State

NH

Borrower Zip

03861-6624

Loan Status Date

03/11/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

277905.00

Current Approval Amount

276005.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

32987

Servicing Lender Name

Eastern Bank

Servicing Lender Address

265 Franklin St

Servicing Lender City

BOSTON

Servicing Lender State

MA

Servicing Lender Zip

02110-3113

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

LEE

Project County Name

STRAFFORD

Project State

NH

Project Zip

03861-6624

CD

NH-01

Jobs Reported

22

NAICS Code

238210

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

276005.00

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

32987

Originating Lender

Eastern Bank

Originating Lender City

BOSTON

Originating Lender State

MA

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

267807.92

Forgiveness Date

12/23/2020

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