PPP Loan information for Progressive associates inc

$52,401

Progressive associates inc was initially approved for PPP Loan of amount $52,401, the current approved amount is $52,401. The loan was approved on 01/21/2021 by The Bank of America, National Association reported 5 jobs and $52,401 was used to fund payroll.

Progressive associates inc is Existing or more than 2 years old

PROGRESSIVE ASSOCIATES INC

Date Approved

01/21/2021

SBA Office Code

0515

Processing Method

PPS

Borrower Name

PROGRESSIVE ASSOCIATES INC

Borrower Address

838 W Long Lake Rd Ste 250

Borrower City

Bloomfield Hills

Borrower State

MI

Borrower Zip

48302-2070

Loan Status Date

01/20/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

52401.00

Current Approval Amount

52401.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

9551

Servicing Lender Name

Bank of America, National Association

Servicing Lender Address

100 N Tryon St, Ste 170

Servicing Lender City

CHARLOTTE

Servicing Lender State

NC

Servicing Lender Zip

28202-4024

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Bloomfield Hills

Project County Name

OAKLAND

Project State

MI

Project Zip

48302-2070

CD

MI-11

Jobs Reported

5

NAICS Code

541690

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

52399.00

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

9551

Originating Lender

Bank of America, National Association

Originating Lender City

CHARLOTTE

Originating Lender State

NC

Gender

Male Owned

Veteran

Veteran

Non Profit

Forgiveness Amount

52843.18

Forgiveness Date

12/02/2021

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