PPP Loan information for The progress group inc

$726,000

The progress group inc was initially approved for PPP Loan of amount $726,000, the current approved amount is $726,000. The loan was approved on 04/04/2020 by The Peoples Bank reported 54 jobs and $726,000 was used to fund payroll.

The progress group inc is Existing or more than 2 years old

THE PROGRESS GROUP INC

Date Approved

04/04/2020

SBA Office Code

0562

Processing Method

PPP

Borrower Name

THE PROGRESS GROUP INC

Borrower Address

918 Kennedy Ave

Borrower City

SCHERERVILLE

Borrower State

IN

Borrower Zip

46375-1326

Loan Status Date

04/17/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

726000.00

Current Approval Amount

726000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

81983

Servicing Lender Name

Peoples Bank

Servicing Lender Address

9204 Columbia Ave

Servicing Lender City

MUNSTER

Servicing Lender State

IN

Servicing Lender Zip

46321-3570

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

SCHERERVILLE

Project County Name

LAKE

Project State

IN

Project Zip

46375-1326

CD

IN-01

Jobs Reported

54

NAICS Code

811310

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

181500.00

Payroll Proceed

544500.00

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

81983

Originating Lender

Peoples Bank

Originating Lender City

MUNSTER

Originating Lender State

IN

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

733220.22

Forgiveness Date

04/09/2021

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