PPP Loan information for Progressive living solutions inc

$299,373

Progressive living solutions inc was initially approved for PPP Loan of amount $299,373, the current approved amount is $299,373. The loan was approved on 04/15/2020 by The Stearns Bank National Association reported 63 jobs and $299,373 was used to fund payroll.

Progressive living solutions inc is Existing or more than 2 years old

PROGRESSIVE LIVING SOLUTIONS INC

Date Approved

04/15/2020

SBA Office Code

0508

Processing Method

PPP

Borrower Name

PROGRESSIVE LIVING SOLUTIONS INC

Borrower Address

38928 10TH AVE

Borrower City

NORTH BRANCH

Borrower State

MN

Borrower Zip

55056

Loan Status Date

05/22/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

299373.00

Current Approval Amount

299373.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

36581

Servicing Lender Name

Stearns Bank National Association

Servicing Lender Address

4191 2nd St South

Servicing Lender City

SAINT CLOUD

Servicing Lender State

MN

Servicing Lender Zip

56301-3761

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

NORTH BRANCH

Project County Name

CHISAGO

Project State

MN

Project Zip

55056-6653

CD

MN-08

Jobs Reported

63

NAICS Code

623990

Race

White

Ethnicity

Unknown/NotStated

Utilities Proceed

9373.00

Payroll Proceed

240000.00

Mortgage Interest Proceed

0.00

Rent Proceed

50000.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Corporation

Originating Lender Location Id

36581

Originating Lender

Stearns Bank National Association

Originating Lender City

SAINT CLOUD

Originating Lender State

MN

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

302424.14

Forgiveness Date

04/29/2021

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