PPP Loan information for Progress manufacturing incorporated

$310,000

Progress manufacturing incorporated was initially approved for PPP Loan of amount $310,000, the current approved amount is $310,000. The loan was approved on 04/13/2020 by The Forte Bank reported 37 jobs and $310,000 was used to fund payroll.

Progress manufacturing incorporated is Existing or more than 2 years old

PROGRESS MANUFACTURING INCORPORATED

Date Approved

04/13/2020

SBA Office Code

0563

Processing Method

PPP

Borrower Name

PROGRESS MANUFACTURING INCORPORATED

Borrower Address

110 E Progress Drive

Borrower City

WEST BEND

Borrower State

WI

Borrower Zip

53095-5251

Loan Status Date

01/16/2021

Loan Status

Paid in Full

Term

24

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

37

NAICS Code

332710

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

310000.00

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

311876.99

Forgiveness Date

11/25/2020

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