PPP Loan information for Progress industries inc

$356,500

Progress industries inc was initially approved for PPP Loan of amount $356,500, the current approved amount is $356,500. The loan was approved on 04/30/2020 by The Regions Bank reported 33 jobs and $356,500 was used to fund payroll.

Progress industries inc is Existing or more than 2 years old

PPP Loan Search / AL / Birmingham / Progress industries inc

PROGRESS INDUSTRIES INC

Date Approved

04/30/2020

SBA Office Code

0459

Processing Method

PPP

Borrower Name

PROGRESS INDUSTRIES INC

Borrower Address

3585 Vann Road

Borrower City

Birmingham

Borrower State

AL

Borrower Zip

35235

Loan Status Date

12/16/2020

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

356500.00

Current Approval Amount

356500.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

2408

Servicing Lender Name

Regions Bank

Servicing Lender Address

1900 Fifth Avenue North

Servicing Lender City

BIRMINGHAM

Servicing Lender State

AL

Servicing Lender Zip

35203

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Birmingham

Project County Name

JEFFERSON

Project State

AL

Project Zip

35235-1000

CD

AL-06

Jobs Reported

33

NAICS Code

423810

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

356500.00

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

2408

Originating Lender

Regions Bank

Originating Lender City

BIRMINGHAM

Originating Lender State

AL

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

358336.22

Forgiveness Date

11/19/2020

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