PPP Loan information for Progressive maintenance, inc.

$127,700

Progressive maintenance, inc. was initially approved for PPP Loan of amount $113,900, the current approved amount is $127,700. The loan was approved on 04/03/2020 by The Magyar Bank reported 14 jobs and $127,700 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

04/03/2020

SBA Office Code

0299

Processing Method

PPP

Borrower Name

PROGRESSIVE MAINTENANCE, INC.

Borrower Address

3145 BORDENTOWN AVE

Borrower City

PARLIN

Borrower State

NJ

Borrower Zip

08859-1137

Loan Status Date

02/12/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

113900.00

Current Approval Amount

127700.00

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

08859-1137

CD

NJ-06

Jobs Reported

14

NAICS Code

811198

Race

White

Ethnicity

Hispanic or Latino

Utilities Proceed

31925.00

Payroll Proceed

31925.00

Mortgage Interest Proceed

31925.00

Rent Proceed

0.00

Refinance EIDL Proceed

0.00

Health Care Proceed

31925.00

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

128664.84

Forgiveness Date

01/25/2021

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