PPP Loan information for Progressive electronics inc

$750,000

Progressive electronics inc was initially approved for PPP Loan of amount $750,000, the current approved amount is $750,000. The loan was approved on 02/05/2021 by The Arvest Bank reported 68 jobs and $750,000 was used to fund payroll.

Progressive electronics inc is Existing or more than 2 years old

PPP Loan Search / MO / Raytown / Progressive electronics inc

PROGRESSIVE ELECTRONICS INC

Date Approved

02/05/2021

SBA Office Code

0709

Processing Method

PPS

Borrower Name

PROGRESSIVE ELECTRONICS INC

Borrower Address

6102 Arlington Ave

Borrower City

Raytown

Borrower State

MO

Borrower Zip

64133-3816

Loan Status Date

02/12/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

750000.00

Current Approval Amount

750000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

4282

Servicing Lender Name

Arvest Bank

Servicing Lender Address

75 N East Ave

Servicing Lender City

FAYETTEVILLE

Servicing Lender State

AR

Servicing Lender Zip

72701-6171

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Raytown

Project County Name

JACKSON

Project State

MO

Project Zip

64133-3816

CD

MO-05

Jobs Reported

68

NAICS Code

811121

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

750000.00

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

4282

Originating Lender

Arvest Bank

Originating Lender City

FAYETTEVILLE

Originating Lender State

AR

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

755979.17

Forgiveness Date

01/06/2022

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