PPP Loan information for Progressive freight, inc

$218,750

Progressive freight, inc was initially approved for PPP Loan of amount $218,750, the current approved amount is $218,750. The loan was approved on 04/16/2020 by The The First Bank reported 23 jobs and $218,750 was used to fund payroll.

Progressive freight, inc is Existing or more than 2 years old

PROGRESSIVE FREIGHT, INC

Date Approved

04/16/2020

SBA Office Code

0405

Processing Method

PPP

Borrower Name

PROGRESSIVE FREIGHT, INC

Borrower Address

211 INDUSTRIAL BLVD

Borrower City

THOMASVILLE

Borrower State

GA

Borrower Zip

31792-6344

Loan Status Date

04/17/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

218750.00

Current Approval Amount

218750.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

120708

Servicing Lender Name

The First Bank

Servicing Lender Address

6480 Hwy 98, West

Servicing Lender City

HATTIESBURG

Servicing Lender State

MS

Servicing Lender Zip

39402

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

THOMASVILLE

Project County Name

THOMAS

Project State

GA

Project Zip

31792-6344

CD

GA-02

Jobs Reported

23

NAICS Code

484110

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

4000.00

Payroll Proceed

175000.00

Mortgage Interest Proceed

4950.00

Rent Proceed

4800.00

Refinance EIDL Proceed

0.00

Health Care Proceed

30000.00

Debt Interest Proceed

0

Business Type

Subchapter S Corporation

Originating Lender Location Id

120708

Originating Lender

The First Bank

Originating Lender City

HATTIESBURG

Originating Lender State

MS

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

220840.28

Forgiveness Date

04/01/2021

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