PPP Loan information for Progressive textiles dba diversified parts & machine

$29,400

Progressive textiles dba diversified parts & machine was initially approved for PPP Loan of amount $29,400, the current approved amount is $29,400. The loan was approved on 05/05/2020 by The Truist Bank reported 5 jobs and $29,400 was used to fund payroll.

Progressive textiles dba diversified parts & machine is Existing or more than 2 years old

PROGRESSIVE TEXTILES DBA DIVERSIFIED PARTS & MACHINE

Date Approved

05/05/2020

SBA Office Code

0460

Processing Method

PPP

Borrower Name

PROGRESSIVE TEXTILES DBA DIVERSIFIED PARTS & MACHINE

Borrower Address

3801 w Franklin blvd.

Borrower City

Gastonia

Borrower State

NC

Borrower Zip

28052-9494

Loan Status Date

04/20/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

29400.00

Current Approval Amount

29400.00

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

Gastonia

Project County Name

GASTON

Project State

NC

Project Zip

28052-0001

CD

NC-14

Jobs Reported

5

NAICS Code

333517

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

29400.00

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

225134

Originating Lender

Truist Bank

Originating Lender City

CHARLOTTE

Originating Lender State

NC

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

29646.63

Forgiveness Date

03/11/2021

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