PPP Loan information for Progressive industrial electrical inc

$310,300

Progressive industrial electrical inc was initially approved for PPP Loan of amount $310,300, the current approved amount is $310,300. The loan was approved on 04/09/2020 by The Mountain America FCU reported 17 jobs and $310,300 was used to fund payroll.

Progressive industrial electrical inc is Existing or more than 2 years old

PROGRESSIVE INDUSTRIAL ELECTRICAL INC

Date Approved

04/09/2020

SBA Office Code

0883

Processing Method

PPP

Borrower Name

PROGRESSIVE INDUSTRIAL ELECTRICAL INC

Borrower Address

5292 S COLLEGE DR STE 302

Borrower City

MURRAY

Borrower State

UT

Borrower Zip

84123-2672

Loan Status Date

06/19/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

310300.00

Current Approval Amount

310300.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

106925

Servicing Lender Name

Mountain America FCU

Servicing Lender Address

9800 S Monroe St

Servicing Lender City

SANDY

Servicing Lender State

UT

Servicing Lender Zip

84070-4419

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

MURRAY

Project County Name

SALT LAKE

Project State

UT

Project Zip

84123-2672

CD

UT-02

Jobs Reported

17

NAICS Code

238210

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

310300.00

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

106925

Originating Lender

Mountain America FCU

Originating Lender City

SANDY

Originating Lender State

UT

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

313326.49

Forgiveness Date

04/02/2021

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