PPP Loan information for Progressive engineering inc

$300,000

Progressive engineering inc was initially approved for PPP Loan of amount $300,000, the current approved amount is $300,000. The loan was approved on 04/06/2020 by The 1st Source Bank reported 30 jobs and $300,000 was used to fund payroll.

Progressive engineering inc is Existing or more than 2 years old

PPP Loan Search / IN / GOSHEN / Progressive engineering inc

PROGRESSIVE ENGINEERING INC

Date Approved

04/06/2020

SBA Office Code

0562

Processing Method

PPP

Borrower Name

PROGRESSIVE ENGINEERING INC

Borrower Address

58640 State Road 15

Borrower City

GOSHEN

Borrower State

IN

Borrower Zip

46528

Loan Status Date

12/17/2020

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

300000.00

Current Approval Amount

300000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

24195

Servicing Lender Name

1st Source Bank

Servicing Lender Address

100 N Michigan St

Servicing Lender City

SOUTH BEND

Servicing Lender State

IN

Servicing Lender Zip

46601-1630

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

GOSHEN

Project County Name

ELKHART

Project State

IN

Project Zip

46528-1000

CD

IN-02

Jobs Reported

30

NAICS Code

541310

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

300000.00

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

24195

Originating Lender

1st Source Bank

Originating Lender City

SOUTH BEND

Originating Lender State

IN

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

301733.33

Forgiveness Date

11/05/2020

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