PPP Loan information for Progressive medical, inc.

$1,720,000

Progressive medical, inc. was initially approved for PPP Loan of amount $1,720,000, the current approved amount is $1,720,000. The loan was approved on 04/28/2020 by The Regions Bank reported 94 jobs and $1,720,000 was used to fund payroll.

Progressive medical, inc. is Existing or more than 2 years old

PROGRESSIVE MEDICAL, INC.

Date Approved

04/28/2020

SBA Office Code

0768

Processing Method

PPP

Borrower Name

PROGRESSIVE MEDICAL, INC.

Borrower Address

997 HORAN DR

Borrower City

FENTON

Borrower State

MO

Borrower Zip

63026-2401

Loan Status Date

03/09/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

1720000.00

Current Approval Amount

1720000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

2408

Servicing Lender Name

Regions Bank

Servicing Lender Address

1900 Fifth Avenue North

Servicing Lender City

BIRMINGHAM

Servicing Lender State

AL

Servicing Lender Zip

35203

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

FENTON

Project County Name

SAINT LOUIS

Project State

MO

Project Zip

63026-2401

CD

MO-02

Jobs Reported

94

NAICS Code

423990

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

1720000.00

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

Corporation

Originating Lender Location Id

2408

Originating Lender

Regions Bank

Originating Lender City

BIRMINGHAM

Originating Lender State

AL

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

1732629.04

Forgiveness Date

01/28/2021

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