Date Approved
04/11/2020
SBA Office Code
0515
Processing Method
PPP
Borrower Name
PROGRESSIVE AE, INC.
Borrower Address
1811 4 MILE RD NE
Borrower City
GRAND RAPIDS
Borrower State
MI
Borrower Zip
49525-2442
Loan Status Date
07/08/2021
Loan Status
Paid in Full
Term
24
SBA Guaranty Percentage
100
Initial Approval Amount
4330600.00
Current Approval Amount
Undisbursed Amount
0.00
Franchise Name
Servicing Lender Location Id
77961
Servicing Lender Name
Independent Bank
Servicing Lender Address
4200 East Beltline Ave NE
Servicing Lender City
Servicing Lender State
Servicing Lender Zip
49525-9783
Rural Urban Indicator
U
Hubzone Indicator
N
HLMI Indicator
Business Age Description
Existing or more than 2 years old
Project City
Project County Name
KENT
Project State
Project Zip
CD
MI-03
Jobs Reported
221
NAICS Code
541310
Race
Unanswered
Ethnicity
Unknown/NotStated
Utilities Proceed
Payroll Proceed
Mortgage Interest Proceed
Rent Proceed
Refinance EIDL Proceed
Health Care Proceed
Debt Interest Proceed
0
Business Type
Corporation
Originating Lender Location Id
Originating Lender
Originating Lender City
Originating Lender State
Gender
Veteran
Non Profit
Forgiveness Amount
4380312.92
Forgiveness Date
06/11/2021