PPP Loan information for Progressive manufacturing

$73,432

Progressive manufacturing was initially approved for PPP Loan of amount $73,432, the current approved amount is $73,432. The loan was approved on 05/01/2021 by The Cyprus FCU reported 9 jobs and $73,432 was used to fund payroll.

Progressive manufacturing is Existing or more than 2 years old

PROGRESSIVE MANUFACTURING

Date Approved

05/01/2021

SBA Office Code

0883

Processing Method

PPS

Borrower Name

PROGRESSIVE MANUFACTURING

Borrower Address

13489 S 1300 W

Borrower City

Riverton

Borrower State

UT

Borrower Zip

84065-5609

Loan Status Date

09/30/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

73432.15

Current Approval Amount

73432.15

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

106750

Servicing Lender Name

Cyprus FCU

Servicing Lender Address

3876 W Centerview Way

Servicing Lender City

WEST JORDAN

Servicing Lender State

UT

Servicing Lender Zip

84084-6512

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Riverton

Project County Name

SALT LAKE

Project State

UT

Project Zip

84065-5609

CD

UT-04

Jobs Reported

9

NAICS Code

339112

Race

White

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

73429.15

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

106750

Originating Lender

Cyprus FCU

Originating Lender City

WEST JORDAN

Originating Lender State

UT

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

73709.78

Forgiveness Date

09/21/2021

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