PPP Loan information for Progressive metal forming, inc.

$354,200

Progressive metal forming, inc. was initially approved for PPP Loan of amount $354,200, the current approved amount is $354,200. The loan was approved on 04/28/2020 by The Comerica Bank reported 29 jobs and $354,200 was used to fund payroll.

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

PPP Loan Search / MI / Hamburg / Progressive metal forming, inc.

PROGRESSIVE METAL FORMING, INC.

Date Approved

04/28/2020

SBA Office Code

0515

Processing Method

PPP

Borrower Name

PROGRESSIVE METAL FORMING, INC.

Borrower Address

10850 Hall Road

Borrower City

Hamburg

Borrower State

MI

Borrower Zip

48139-0145

Loan Status Date

03/16/2022

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

354200.00

Current Approval Amount

354200.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

33850

Servicing Lender Name

Comerica Bank

Servicing Lender Address

1717 Main St

Servicing Lender City

DALLAS

Servicing Lender State

TX

Servicing Lender Zip

75201-4612

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Hamburg

Project County Name

LIVINGSTON

Project State

MI

Project Zip

48139-0145

CD

MI-07

Jobs Reported

29

NAICS Code

332119

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

283414.00

Mortgage Interest Proceed

70786.00

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

33850

Originating Lender

Comerica Bank

Originating Lender City

DALLAS

Originating Lender State

TX

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

356610.53

Forgiveness Date

12/31/2020

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