PPP Loan information for Progressive tool & manufacturing inc.

$133,730

Progressive tool & manufacturing inc. was initially approved for PPP Loan of amount $133,730, the current approved amount is $133,730. The loan was approved on 05/27/2020 by The Celtic Bank Corporation reported 10 jobs and $133,730 was used to fund payroll.

Progressive tool & manufacturing inc. is Existing or more than 2 years old

PROGRESSIVE TOOL & MANUFACTURING INC.

Date Approved

05/27/2020

SBA Office Code

0460

Processing Method

PPP

Borrower Name

PROGRESSIVE TOOL & MANUFACTURING INC.

Borrower Address

245 Standard Drive

Borrower City

Greensboro

Borrower State

NC

Borrower Zip

27409-9600

Loan Status Date

10/20/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

133730.00

Current Approval Amount

133730.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

223542

Servicing Lender Name

Celtic Bank Corporation

Servicing Lender Address

268 S State St, Ste 300

Servicing Lender City

SALT LAKE CITY

Servicing Lender State

UT

Servicing Lender Zip

84111-5314

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Greensboro

Project County Name

GUILFORD

Project State

NC

Project Zip

27409-9600

CD

NC-06

Jobs Reported

10

NAICS Code

339999

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

16716.25

Payroll Proceed

100297.50

Mortgage Interest Proceed

0.00

Rent Proceed

16716.25

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Subchapter S Corporation

Originating Lender Location Id

223542

Originating Lender

Celtic Bank Corporation

Originating Lender City

SALT LAKE CITY

Originating Lender State

UT

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

135448.34

Forgiveness Date

09/09/2021

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