PPP Loan information for Progressive insulation llc

$377,700

Progressive insulation llc was initially approved for PPP Loan of amount $377,700, the current approved amount is $377,700. The loan was approved on 04/06/2020 by The Wayne County Bank reported 17 jobs and $377,700 was used to fund payroll.

Progressive insulation llc is Existing or more than 2 years old

PROGRESSIVE INSULATION LLC

Date Approved

04/06/2020

SBA Office Code

0459

Processing Method

PPP

Borrower Name

PROGRESSIVE INSULATION LLC

Borrower Address

415 Gerrard Dr

Borrower City

FLORENCE

Borrower State

AL

Borrower Zip

35630-6325

Loan Status Date

06/02/2020

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

377700.00

Current Approval Amount

377700.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

68917

Servicing Lender Name

Wayne County Bank

Servicing Lender Address

216 S High St

Servicing Lender City

WAYNESBORO

Servicing Lender State

TN

Servicing Lender Zip

38485-2616

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

FLORENCE

Project County Name

LAUDERDALE

Project State

AL

Project Zip

35630-6325

CD

AL-05

Jobs Reported

17

NAICS Code

238310

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

2000.00

Payroll Proceed

375700.00

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

Limited Liability Company(LLC)

Originating Lender Location Id

68917

Originating Lender

Wayne County Bank

Originating Lender City

WAYNESBORO

Originating Lender State

TN

Gender

Female Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

379914.46

Forgiveness Date

11/23/2020

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