PPP Loan information for Progressive living, inc.

$550,700

Progressive living, inc. was initially approved for PPP Loan of amount $550,700, the current approved amount is $550,700. The loan was approved on 04/03/2020 by The ProGrowth Bank reported 113 jobs and $550,700 was used to fund payroll.

Progressive living, inc. is Existing or more than 2 years old

PPP Loan Search / MN / MANKATO / Progressive living, inc.

PROGRESSIVE LIVING, INC.

Date Approved

04/03/2020

SBA Office Code

0508

Processing Method

PPP

Borrower Name

PROGRESSIVE LIVING, INC.

Borrower Address

832 N. Second Street

Borrower City

MANKATO

Borrower State

MN

Borrower Zip

56001-3301

Loan Status Date

04/07/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

550700.00

Current Approval Amount

550700.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

38693

Servicing Lender Name

ProGrowth Bank

Servicing Lender Address

703 3rd St

Servicing Lender City

NICOLLET

Servicing Lender State

MN

Servicing Lender Zip

56074-6074

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

MANKATO

Project County Name

BLUE EARTH

Project State

MN

Project Zip

56001-3301

CD

MN-01

Jobs Reported

113

NAICS Code

623990

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

20000.00

Payroll Proceed

440600.00

Mortgage Interest Proceed

20000.00

Rent Proceed

50100.00

Refinance EIDL Proceed

0.00

Health Care Proceed

20000.00

Debt Interest Proceed

0

Business Type

Subchapter S Corporation

Originating Lender Location Id

38693

Originating Lender

ProGrowth Bank

Originating Lender City

NICOLLET

Originating Lender State

MN

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

556069.32

Forgiveness Date

03/31/2021

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