PPP Loan information for Progressive industrial llc

$247,100

Progressive industrial llc was initially approved for PPP Loan of amount $247,100, the current approved amount is $247,100. The loan was approved on 03/08/2021 by The TowneBank reported 16 jobs and $247,100 was used to fund payroll.

Progressive industrial llc is Existing or more than 2 years old

PPP Loan Search / VA / Hayes / Progressive industrial llc

PROGRESSIVE INDUSTRIAL LLC

Date Approved

03/08/2021

SBA Office Code

0304

Processing Method

PPS

Borrower Name

PROGRESSIVE INDUSTRIAL LLC

Borrower Address

4930 George Washington Memorial Hwy

Borrower City

Hayes

Borrower State

VA

Borrower Zip

23072-2825

Loan Status Date

10/14/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

247100.00

Current Approval Amount

247100.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

123548

Servicing Lender Name

TowneBank

Servicing Lender Address

5716 High St West

Servicing Lender City

PORTSMOUTH

Servicing Lender State

VA

Servicing Lender Zip

23703-4502

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Hayes

Project County Name

GLOUCESTER

Project State

VA

Project Zip

23072-2825

CD

VA-01

Jobs Reported

16

NAICS Code

332996

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

247098.00

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

Limited Liability Company(LLC)

Originating Lender Location Id

123548

Originating Lender

TowneBank

Originating Lender City

PORTSMOUTH

Originating Lender State

VA

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

248362.96

Forgiveness Date

09/09/2021

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