PPP Loan information for Progressive motors, inc.

$1,072,500

Progressive motors, inc. was initially approved for PPP Loan of amount $1,072,500, the current approved amount is $1,072,500. The loan was approved on 04/08/2020 by The The Huntington National Bank reported 79 jobs and $1,072,500 was used to fund payroll.

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

PPP Loan Search / OH / MASSILLON / Progressive motors, inc.

PROGRESSIVE MOTORS, INC.

Date Approved

04/08/2020

SBA Office Code

0549

Processing Method

PPP

Borrower Name

PROGRESSIVE MOTORS, INC.

Borrower Address

7966 Hills & Dales Rd. NW

Borrower City

MASSILLON

Borrower State

OH

Borrower Zip

44646-5241

Loan Status Date

11/17/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

1072500.00

Current Approval Amount

1072500.00

Undisbursed Amount

0.00

Franchise Name

Dodge - Sales and Service Agreement

Servicing Lender Location Id

57328

Servicing Lender Name

The Huntington National Bank

Servicing Lender Address

17 S High St.

Servicing Lender City

COLUMBUS

Servicing Lender State

OH

Servicing Lender Zip

43215-3413

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

MASSILLON

Project County Name

STARK

Project State

OH

Project Zip

44646-5241

CD

OH-06

Jobs Reported

79

NAICS Code

441110

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

1072500.00

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

57328

Originating Lender

The Huntington National Bank

Originating Lender City

COLUMBUS

Originating Lender State

OH

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

1081050.62

Forgiveness Date

02/16/2021

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