PPP Loan information for Progressive sheet metal inc

$503,645

Progressive sheet metal inc was initially approved for PPP Loan of amount $503,645, the current approved amount is $503,645. The loan was approved on 02/17/2021 by The PNC Bank, National Association reported 17 jobs and $503,645 was used to fund payroll.

Progressive sheet metal inc is Existing or more than 2 years old

PROGRESSIVE SHEET METAL INC

Date Approved

02/17/2021

SBA Office Code

0303

Processing Method

PPS

Borrower Name

PROGRESSIVE SHEET METAL INC

Borrower Address

1245 Industrial Blvd 1245 Industrial Blvd

Borrower City

Southampton

Borrower State

PA

Borrower Zip

18966-4010

Loan Status Date

03/12/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

503645.00

Current Approval Amount

503645.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

44449

Servicing Lender Name

PNC Bank, National Association

Servicing Lender Address

222 Delaware Ave

Servicing Lender City

WILMINGTON

Servicing Lender State

DE

Servicing Lender Zip

19801-1621

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Southampton

Project County Name

BUCKS

Project State

PA

Project Zip

18966-4010

CD

PA-01

Jobs Reported

17

NAICS Code

332322

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

503643.00

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

44449

Originating Lender

PNC Bank, National Association

Originating Lender City

WILMINGTON

Originating Lender State

DE

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

508541.55

Forgiveness Date

02/04/2022

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