PPP Loan information for Progressive hydraulics inc

$709,400

Progressive hydraulics inc was initially approved for PPP Loan of amount $709,400, the current approved amount is $709,400. The loan was approved on 05/01/2020 by The PNC Bank, National Association reported 43 jobs and $709,400 was used to fund payroll.

Progressive hydraulics inc is Unanswered

PROGRESSIVE HYDRAULICS INC

Date Approved

05/01/2020

SBA Office Code

0299

Processing Method

PPP

Borrower Name

PROGRESSIVE HYDRAULICS INC

Borrower Address

350 N MIDLAND AVE

Borrower City

SADDLE BROOK

Borrower State

NJ

Borrower Zip

07663-5716

Loan Status Date

03/13/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

709400.00

Current Approval Amount

709400.00

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

Unanswered

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

0.00

Payroll Proceed

709400.00

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

715075.20

Forgiveness Date

02/18/2021

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