PPP Loan information for Progressive home care, inc.

$326,735

Progressive home care, inc. was initially approved for PPP Loan of amount $326,735, the current approved amount is $326,735. The loan was approved on 04/16/2020 by The Cross River Bank reported 124 jobs and $326,735 was used to fund payroll.

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

PROGRESSIVE HOME CARE, INC.

Date Approved

04/16/2020

SBA Office Code

0299

Processing Method

PPP

Borrower Name

PROGRESSIVE HOME CARE, INC.

Borrower Address

570 Broad St Suite 501

Borrower City

Newark

Borrower State

NJ

Borrower Zip

07102

Loan Status Date

10/16/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

326735.00

Current Approval Amount

326735.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

456756

Servicing Lender Name

Cross River Bank

Servicing Lender Address

885 Teaneck Rd

Servicing Lender City

TEANECK

Servicing Lender State

NJ

Servicing Lender Zip

07666-4546

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Newark

Project County Name

ESSEX

Project State

NJ

Project Zip

07102-0301

CD

NJ-10

Jobs Reported

124

NAICS Code

621610

Race

Black or African American

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

326735.00

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

456756

Originating Lender

Cross River Bank

Originating Lender City

TEANECK

Originating Lender State

NJ

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

331380.90

Forgiveness Date

09/22/2021

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