PPP Loan information for Progressive power group, inc.

$375,000

Progressive power group, inc. was initially approved for PPP Loan of amount $375,000, the current approved amount is $375,000. The loan was approved on 05/26/2020 by The Cross River Bank reported 30 jobs and $375,000 was used to fund payroll.

Progressive power group, inc. is Unanswered

PPP Loan Search / CA / Garden Grove / Progressive power group, inc.

PROGRESSIVE POWER GROUP, INC.

Date Approved

05/26/2020

SBA Office Code

0920

Processing Method

PPP

Borrower Name

PROGRESSIVE POWER GROUP, INC.

Borrower Address

12552 Western Avenue

Borrower City

Garden Grove

Borrower State

CA

Borrower Zip

92841-4013

Loan Status Date

07/08/2022

Loan Status

Charged Off

Term

3

SBA Guaranty Percentage

100

Initial Approval Amount

375000.00

Current Approval Amount

375000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

456756

Servicing Lender Name

Cross River Bank

Servicing Lender Address

885 Teaneck Rd

Servicing Lender City

TEANECK

Servicing Lender State

NJ

Servicing Lender Zip

07666-4546

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

Y

Business Age Description

Unanswered

Project City

Garden Grove

Project County Name

ORANGE

Project State

CA

Project Zip

92841-4013

CD

CA-45

Jobs Reported

30

NAICS Code

236115

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

375000.00

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

456756

Originating Lender

Cross River Bank

Originating Lender City

TEANECK

Originating Lender State

NJ

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

0.00

Forgiveness Date

;