PPP Loan information for Progressive hydraulics inc

$719,270

Progressive hydraulics inc was initially approved for PPP Loan of amount $719,270, the current approved amount is $719,270. The loan was approved on 02/11/2021 by The PNC Bank, National Association reported 43 jobs and $719,270 was used to fund payroll.

Progressive hydraulics inc is Existing or more than 2 years old

PPP Loan Search / NJ / Saddle Brook / Progressive hydraulics inc

PROGRESSIVE HYDRAULICS INC

Date Approved

02/11/2021

SBA Office Code

0299

Processing Method

PPS

Borrower Name

PROGRESSIVE HYDRAULICS INC

Borrower Address

350 N Midland Ave 350 N Midland Ave

Borrower City

Saddle Brook

Borrower State

NJ

Borrower Zip

07663-5716

Loan Status Date

12/09/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

719270.00

Current Approval Amount

719270.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

44449

Servicing Lender Name

PNC Bank, National Association

Servicing Lender Address

222 Delaware Ave

Servicing Lender City

WILMINGTON

Servicing Lender State

DE

Servicing Lender Zip

19801-1621

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Saddle Brook

Project County Name

BERGEN

Project State

NJ

Project Zip

07663-5716

CD

NJ-09

Jobs Reported

43

NAICS Code

423830

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

719265.00

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

44449

Originating Lender

PNC Bank, National Association

Originating Lender City

WILMINGTON

Originating Lender State

DE

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

724664.53

Forgiveness Date

11/10/2021

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