PPP Loan information for Progress manufacturing inc

$310,000

Progress manufacturing inc was initially approved for PPP Loan of amount $310,000, the current approved amount is $310,000. The loan was approved on 02/17/2021 by The Forte Bank reported 40 jobs and $310,000 was used to fund payroll.

Progress manufacturing inc is Existing or more than 2 years old

PPP Loan Search / WI / West Bend / Progress manufacturing inc

PROGRESS MANUFACTURING INC

Date Approved

02/17/2021

SBA Office Code

0563

Processing Method

PPS

Borrower Name

PROGRESS MANUFACTURING INC

Borrower Address

110 E Progress Dr

Borrower City

West Bend

Borrower State

WI

Borrower Zip

53095-5251

Loan Status Date

12/01/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

310000.00

Current Approval Amount

310000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

75979

Servicing Lender Name

Forte Bank

Servicing Lender Address

116 W Sumner St

Servicing Lender City

HARTFORD

Servicing Lender State

WI

Servicing Lender Zip

53027-1408

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

West Bend

Project County Name

WASHINGTON

Project State

WI

Project Zip

53095-5251

CD

WI-05

Jobs Reported

40

NAICS Code

333249

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

309998.00

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

75979

Originating Lender

Forte Bank

Originating Lender City

HARTFORD

Originating Lender State

WI

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

312063.84

Forgiveness Date

10/26/2021

;