PPP Loan information for Progressive technology federal systems, inc

$1,382,200

Progressive technology federal systems, inc was initially approved for PPP Loan of amount $1,382,200, the current approved amount is $1,382,200. The loan was approved on 04/10/2020 by The Atlantic Union Bank reported 99 jobs and $1,382,200 was used to fund payroll.

Progressive technology federal systems, inc is Existing or more than 2 years old

PPP Loan Search / MD / ROCKVILLE / Progressive technology federal systems, inc

PROGRESSIVE TECHNOLOGY FEDERAL SYSTEMS, INC

Date Approved

04/10/2020

SBA Office Code

0353

Processing Method

PPP

Borrower Name

PROGRESSIVE TECHNOLOGY FEDERAL SYSTEMS, INC

Borrower Address

1801 Research Blvd, Suite 310

Borrower City

ROCKVILLE

Borrower State

MD

Borrower Zip

20850-3103

Loan Status Date

11/11/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

1382200.00

Current Approval Amount

1382200.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

122517

Servicing Lender Name

Atlantic Union Bank

Servicing Lender Address

1051 E Cary St, Ste 103

Servicing Lender City

RICHMOND

Servicing Lender State

VA

Servicing Lender Zip

23219-4029

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

ROCKVILLE

Project County Name

MONTGOMERY

Project State

MD

Project Zip

20850-3103

CD

MD-08

Jobs Reported

99

NAICS Code

518210

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

1382200.00

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

122517

Originating Lender

Atlantic Union Bank

Originating Lender City

RICHMOND

Originating Lender State

VA

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

1400475.76

Forgiveness Date

08/20/2021

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