PPP Loan information for Progressive machine inc

$128,000

Progressive machine inc was initially approved for PPP Loan of amount $128,000, the current approved amount is $128,000. The loan was approved on 04/27/2020 by The Community First Bank reported 13 jobs and $128,000 was used to fund payroll.

Progressive machine inc is Existing or more than 2 years old

PROGRESSIVE MACHINE INC

Date Approved

04/27/2020

SBA Office Code

1094

Processing Method

PPP

Borrower Name

PROGRESSIVE MACHINE INC

Borrower Address

318 E B Circle

Borrower City

Pasco

Borrower State

WA

Borrower Zip

99301-6402

Loan Status Date

04/07/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

128000.00

Current Approval Amount

128000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

122608

Servicing Lender Name

Community First Bank

Servicing Lender Address

6401 W Clearwater Ave

Servicing Lender City

KENNEWICK

Servicing Lender State

WA

Servicing Lender Zip

99336-1794

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Pasco

Project County Name

FRANKLIN

Project State

WA

Project Zip

99301-6402

CD

WA-04

Jobs Reported

13

NAICS Code

811310

Race

Black or African American

Ethnicity

Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

128000.00

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

122608

Originating Lender

Community First Bank

Originating Lender City

KENNEWICK

Originating Lender State

WA

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

129127.11

Forgiveness Date

03/18/2021

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