PPP Loan information for Progressive engineering inc.

$114,155

Progressive engineering inc. was initially approved for PPP Loan of amount $114,155, the current approved amount is $114,155. The loan was approved on 01/28/2021 by The Webster Bank National Association reported 6 jobs and $114,155 was used to fund payroll.

Progressive engineering inc. is Existing or more than 2 years old

PROGRESSIVE ENGINEERING INC.

Date Approved

01/28/2021

SBA Office Code

0156

Processing Method

PPS

Borrower Name

PROGRESSIVE ENGINEERING INC.

Borrower Address

290 Burnside Ave

Borrower City

East Hartford

Borrower State

CT

Borrower Zip

06108-2316

Loan Status Date

08/19/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

114155.00

Current Approval Amount

114155.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

15940

Servicing Lender Name

Webster Bank National Association

Servicing Lender Address

137 Bank St

Servicing Lender City

WATERBURY

Servicing Lender State

CT

Servicing Lender Zip

06702-2205

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

East Hartford

Project County Name

HARTFORD

Project State

CT

Project Zip

06108-2316

CD

CT-01

Jobs Reported

6

NAICS Code

541330

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

114153.00

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

Subchapter S Corporation

Originating Lender Location Id

15940

Originating Lender

Webster Bank National Association

Originating Lender City

WATERBURY

Originating Lender State

CT

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

114702.32

Forgiveness Date

07/30/2021

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