PPP Loan information for Progression electric llc

$476,000

Progression electric llc was initially approved for PPP Loan of amount $476,000, the current approved amount is $476,000. The loan was approved on 04/15/2020 by The Citizens National Bank reported 41 jobs and $476,000 was used to fund payroll.

Progression electric llc is Existing or more than 2 years old

PPP Loan Search / TN / KNOXVILLE / Progression electric llc

PROGRESSION ELECTRIC LLC

Date Approved

04/15/2020

SBA Office Code

0474

Processing Method

PPP

Borrower Name

PROGRESSION ELECTRIC LLC

Borrower Address

2823 THORN GROVE PIKE

Borrower City

KNOXVILLE

Borrower State

TN

Borrower Zip

37914-9204

Loan Status Date

12/08/2020

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

476000.00

Current Approval Amount

476000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

68841

Servicing Lender Name

Citizens National Bank

Servicing Lender Address

200 Forks of the River Pkwy

Servicing Lender City

SEVIERVILLE

Servicing Lender State

TN

Servicing Lender Zip

37862-3419

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

KNOXVILLE

Project County Name

KNOX

Project State

TN

Project Zip

37914-9204

CD

TN-02

Jobs Reported

41

NAICS Code

238210

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

476000.00

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

68841

Originating Lender

Citizens National Bank

Originating Lender City

SEVIERVILLE

Originating Lender State

TN

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

478608.22

Forgiveness Date

11/03/2020

;