PPP Loan information for Progressive tractor & implement co, llc

$3,505,065

Progressive tractor & implement co, llc was initially approved for PPP Loan of amount $3,500,000, the current approved amount is $3,505,065. The loan was approved on 04/07/2020 by The Bank of Sunset & Trust Company reported 270 jobs and $3,505,065 was used to fund payroll.

Progressive tractor & implement co, llc is Existing or more than 2 years old

PPP Loan Search / LA / OPELOUSAS / Progressive tractor & implement co, llc

PROGRESSIVE TRACTOR & IMPLEMENT CO, LLC

Date Approved

04/07/2020

SBA Office Code

0679

Processing Method

PPP

Borrower Name

PROGRESSIVE TRACTOR & IMPLEMENT CO, LLC

Borrower Address

PO BOX 1438

Borrower City

OPELOUSAS

Borrower State

LA

Borrower Zip

70571-1438

Loan Status Date

06/19/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

3500000.00

Current Approval Amount

3505065.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

29313

Servicing Lender Name

Bank of Sunset & Trust Company

Servicing Lender Address

863 Napoleon Ave

Servicing Lender City

SUNSET

Servicing Lender State

LA

Servicing Lender Zip

70584-6118

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

OPELOUSAS

Project County Name

SAINT LANDRY

Project State

LA

Project Zip

70571-1438

CD

LA-04

Jobs Reported

270

NAICS Code

811310

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

3505065.00

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

29313

Originating Lender

Bank of Sunset & Trust Company

Originating Lender City

SUNSET

Originating Lender State

LA

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

3545762.70

Forgiveness Date

06/09/2021

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