PPP Loan information for Progressive care, llc

$1,340,200

Progressive care, llc was initially approved for PPP Loan of amount $1,340,200, the current approved amount is $1,340,200. The loan was approved on 04/07/2020 by The Bank Forward reported 246 jobs and $1,340,200 was used to fund payroll.

Progressive care, llc is Existing or more than 2 years old

PPP Loan Search / MN / GRAND RAPIDS / Progressive care, llc

PROGRESSIVE CARE, LLC

Date Approved

04/07/2020

SBA Office Code

0508

Processing Method

PPP

Borrower Name

PROGRESSIVE CARE, LLC

Borrower Address

1614 GOLF COURSE RD

Borrower City

GRAND RAPIDS

Borrower State

MN

Borrower Zip

55744-8648

Loan Status Date

08/21/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

1340200.00

Current Approval Amount

1340200.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

52827

Servicing Lender Name

Bank Forward

Servicing Lender Address

390 Wheat St

Servicing Lender City

HANNAFORD

Servicing Lender State

ND

Servicing Lender Zip

58448-4801

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

GRAND RAPIDS

Project County Name

ITASCA

Project State

MN

Project Zip

55744-8648

CD

MN-08

Jobs Reported

246

NAICS Code

623312

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

134017.00

Payroll Proceed

1072166.00

Mortgage Interest Proceed

0.00

Rent Proceed

134017.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Limited Liability Company(LLC)

Originating Lender Location Id

52827

Originating Lender

Bank Forward

Originating Lender City

HANNAFORD

Originating Lender State

ND

Gender

Female Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

1347653.72

Forgiveness Date

11/05/2020

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