PPP Loan information for Progressive maintenance inc

$127,755

Progressive maintenance inc was initially approved for PPP Loan of amount $127,755, the current approved amount is $127,755. The loan was approved on 01/21/2021 by The Magyar Bank reported 11 jobs and $127,755 was used to fund payroll.

Progressive maintenance inc is Existing or more than 2 years old

PPP Loan Search / NJ / Parlin / Progressive maintenance inc

PROGRESSIVE MAINTENANCE INC

Date Approved

01/21/2021

SBA Office Code

0299

Processing Method

PPS

Borrower Name

PROGRESSIVE MAINTENANCE INC

Borrower Address

3145 Bordentown Ave

Borrower City

Parlin

Borrower State

NJ

Borrower Zip

08859-1164

Loan Status Date

10/08/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

127755.00

Current Approval Amount

127755.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

87737

Servicing Lender Name

Magyar Bank

Servicing Lender Address

400 Somerset St

Servicing Lender City

NEW BRUNSWICK

Servicing Lender State

NJ

Servicing Lender Zip

08901-3265

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Parlin

Project County Name

MIDDLESEX

Project State

NJ

Project Zip

08859-1164

CD

NJ-06

Jobs Reported

11

NAICS Code

236118

Race

White

Ethnicity

Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

127749.00

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

Cooperative

Originating Lender Location Id

87737

Originating Lender

Magyar Bank

Originating Lender City

NEW BRUNSWICK

Originating Lender State

NJ

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

128532.18

Forgiveness Date

09/09/2021

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