PPP Loan information for Progressive manufacturing corp

$176,700

Progressive manufacturing corp was initially approved for PPP Loan of amount $176,700, the current approved amount is $176,700. The loan was approved on 04/09/2020 by The Truist Bank reported 20 jobs and $176,700 was used to fund payroll.

Progressive manufacturing corp is Existing or more than 2 years old

PPP Loan Search / VA / CHESTER / Progressive manufacturing corp

PROGRESSIVE MANUFACTURING CORP

Date Approved

04/09/2020

SBA Office Code

0304

Processing Method

PPP

Borrower Name

PROGRESSIVE MANUFACTURING CORP

Borrower Address

1701 W HUNDRED RD

Borrower City

CHESTER

Borrower State

VA

Borrower Zip

23836-2536

Loan Status Date

01/21/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

176700.00

Current Approval Amount

176700.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

225134

Servicing Lender Name

Truist Bank

Servicing Lender Address

214 N Tryon St

Servicing Lender City

CHARLOTTE

Servicing Lender State

NC

Servicing Lender Zip

28202-1078

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

CHESTER

Project County Name

CHESTERFIELD

Project State

VA

Project Zip

23836-2536

CD

VA-04

Jobs Reported

20

NAICS Code

332710

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

176700.00

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

225134

Originating Lender

Truist Bank

Originating Lender City

CHARLOTTE

Originating Lender State

NC

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

177750.38

Forgiveness Date

11/23/2020

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