PPP Loan information for Progressive inns llc

$146,100

Progressive inns llc was initially approved for PPP Loan of amount $146,100, the current approved amount is $146,100. The loan was approved on 01/29/2021 by The First National Bank Texas reported 17 jobs and $146,100 was used to fund payroll.

Progressive inns llc is Existing or more than 2 years old

PROGRESSIVE INNS LLC

Date Approved

01/29/2021

SBA Office Code

0610

Processing Method

PPS

Borrower Name

PROGRESSIVE INNS LLC

Borrower Address

2700 LaSalle Ave

Borrower City

Waco

Borrower State

TX

Borrower Zip

76706

Loan Status Date

10/06/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

146100.00

Current Approval Amount

146100.00

Undisbursed Amount

0.00

Franchise Name

Comfort Suites by Choice Hotels

Servicing Lender Location Id

70553

Servicing Lender Name

First National Bank Texas

Servicing Lender Address

507 N Gray St

Servicing Lender City

KILLEEN

Servicing Lender State

TX

Servicing Lender Zip

76541-4871

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Waco

Project County Name

MCLENNAN

Project State

TX

Project Zip

76706

CD

TX-17

Jobs Reported

17

NAICS Code

721110

Race

Asian

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

146094.00

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

70553

Originating Lender

First National Bank Texas

Originating Lender City

KILLEEN

Originating Lender State

TX

Gender

Female Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

146968.59

Forgiveness Date

09/07/2021

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