PPP Loan information for Progress solutions, inc.

$375,000

Progress solutions, inc. was initially approved for PPP Loan of amount $375,000, the current approved amount is $375,000. The loan was approved on 05/01/2020 by The Bank of America, National Association reported 30 jobs and $375,000 was used to fund payroll.

Progress solutions, inc. is New Business or 2 years or less

PPP Loan Search / TX / FRISCO / Progress solutions, inc.

PROGRESS SOLUTIONS, INC.

Date Approved

05/01/2020

SBA Office Code

0610

Processing Method

PPP

Borrower Name

PROGRESS SOLUTIONS, INC.

Borrower Address

2601 NETWORK BLVD

Borrower City

FRISCO

Borrower State

TX

Borrower Zip

75034-8595

Loan Status Date

07/23/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

375000.00

Current Approval Amount

375000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

9551

Servicing Lender Name

Bank of America, National Association

Servicing Lender Address

100 N Tryon St, Ste 170

Servicing Lender City

CHARLOTTE

Servicing Lender State

NC

Servicing Lender Zip

28202-4024

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

New Business or 2 years or less

Project City

FRISCO

Project County Name

COLLIN

Project State

TX

Project Zip

75034-8595

CD

TX-04

Jobs Reported

30

NAICS Code

541512

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

375000.00

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

9551

Originating Lender

Bank of America, National Association

Originating Lender City

CHARLOTTE

Originating Lender State

NC

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

378400.68

Forgiveness Date

04/01/2021

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