PPP Loan information for Progressive tool & manufacturing inc.

$134,100

Progressive tool & manufacturing inc. was initially approved for PPP Loan of amount $134,100, the current approved amount is $134,100. The loan was approved on 01/29/2021 by The First-Citizens Bank & Trust Company reported 10 jobs and $134,100 was used to fund payroll.

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

PROGRESSIVE TOOL & MANUFACTURING INC.

Date Approved

01/29/2021

SBA Office Code

0460

Processing Method

PPS

Borrower Name

PROGRESSIVE TOOL & MANUFACTURING INC.

Borrower Address

245 Standard Dr

Borrower City

Greensboro

Borrower State

NC

Borrower Zip

27409-9600

Loan Status Date

11/13/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

134100.00

Current Approval Amount

134100.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

51009

Servicing Lender Name

First-Citizens Bank & Trust Company

Servicing Lender Address

100 E. Tryon Rd DAC - 90

Servicing Lender City

Raleigh

Servicing Lender State

NC

Servicing Lender Zip

27603-3581

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

333517

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

134098.00

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

51009

Originating Lender

First-Citizens Bank & Trust Company

Originating Lender City

Raleigh

Originating Lender State

NC

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

135000.12

Forgiveness Date

10/06/2021

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