PPP Loan information for Progressive electronics inc

$949,400

Progressive electronics inc was initially approved for PPP Loan of amount $949,400, the current approved amount is $949,400. The loan was approved on 04/08/2020 by The Arvest Bank reported 74 jobs and $949,400 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

04/08/2020

SBA Office Code

0709

Processing Method

PPP

Borrower Name

PROGRESSIVE ELECTRONICS INC

Borrower Address

602 ARLINGTON AVE

Borrower City

RAYTOWN

Borrower State

MO

Borrower Zip

64133-3816

Loan Status Date

06/11/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

949400.00

Current Approval Amount

949400.00

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

N

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

74

NAICS Code

238210

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

949400.00

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

954964.54

Forgiveness Date

11/12/2020

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