PPP Loan information for Progressive machinery inc

$75,300

Progressive machinery inc was initially approved for PPP Loan of amount $75,300, the current approved amount is $75,300. The loan was approved on 05/01/2020 by The PNC Bank, National Association reported 5 jobs and $75,300 was used to fund payroll.

Progressive machinery inc is Unanswered

PROGRESSIVE MACHINERY INC

Date Approved

05/01/2020

SBA Office Code

0299

Processing Method

PPP

Borrower Name

PROGRESSIVE MACHINERY INC

Borrower Address

19 E CENTRE ST

Borrower City

NUTLEY

Borrower State

NJ

Borrower Zip

07110-3409

Loan Status Date

06/11/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

75300.00

Current Approval Amount

75300.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

44449

Servicing Lender Name

PNC Bank, National Association

Servicing Lender Address

222 Delaware Ave

Servicing Lender City

WILMINGTON

Servicing Lender State

DE

Servicing Lender Zip

19801-1621

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Unanswered

Project City

NUTLEY

Project County Name

ESSEX

Project State

NJ

Project Zip

07110-3409

CD

NJ-11

Jobs Reported

5

NAICS Code

541330

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

75300.00

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

Subchapter S Corporation

Originating Lender Location Id

44449

Originating Lender

PNC Bank, National Association

Originating Lender City

WILMINGTON

Originating Lender State

DE

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

70347.00

Forgiveness Date

05/06/2021

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