PPP Loan information for Progressive it solutions

$65,712

Progressive it solutions was initially approved for PPP Loan of amount $65,712, the current approved amount is $65,712. The loan was approved on 05/01/2020 by The Bank of America, National Association reported 5 jobs and $65,712 was used to fund payroll.

Progressive it solutions is New Business or 2 years or less

PROGRESSIVE IT SOLUTIONS

Date Approved

05/01/2020

SBA Office Code

0610

Processing Method

PPP

Borrower Name

PROGRESSIVE IT SOLUTIONS

Borrower Address

2617 BROOKCREST DR

Borrower City

GARLAND

Borrower State

TX

Borrower Zip

75040-3626

Loan Status Date

04/17/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

65712.00

Current Approval Amount

65712.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

9551

Servicing Lender Name

Bank of America, National Association

Servicing Lender Address

100 N Tryon St, Ste 170

Servicing Lender City

CHARLOTTE

Servicing Lender State

NC

Servicing Lender Zip

28202-4024

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

New Business or 2 years or less

Project City

GARLAND

Project County Name

DALLAS

Project State

TX

Project Zip

75040-3626

CD

TX-05

Jobs Reported

5

NAICS Code

999990

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

65712.00

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

9551

Originating Lender

Bank of America, National Association

Originating Lender City

CHARLOTTE

Originating Lender State

NC

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

66300.71

Forgiveness Date

03/25/2021

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