PPP Loan information for Progressive audio inc.

$73,015

Progressive audio inc. was initially approved for PPP Loan of amount $73,015, the current approved amount is $73,015. The loan was approved on 04/11/2020 by The U.S. Bank, National Association reported 9 jobs and $73,015 was used to fund payroll.

Progressive audio inc. is Existing or more than 2 years old

PPP Loan Search / OR / MEDFORD / Progressive audio inc.

PROGRESSIVE AUDIO INC.

Date Approved

04/11/2020

SBA Office Code

1086

Processing Method

PPP

Borrower Name

PROGRESSIVE AUDIO INC.

Borrower Address

1313 Court Street

Borrower City

MEDFORD

Borrower State

OR

Borrower Zip

97501-1605

Loan Status Date

07/13/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

73015.00

Current Approval Amount

73015.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

53803

Servicing Lender Name

U.S. Bank, National Association

Servicing Lender Address

425 Walnut St

Servicing Lender City

CINCINNATI

Servicing Lender State

OH

Servicing Lender Zip

45202-3956

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

MEDFORD

Project County Name

JACKSON

Project State

OR

Project Zip

97501-1605

CD

OR-02

Jobs Reported

9

NAICS Code

453998

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

73015.00

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

53803

Originating Lender

U.S. Bank, National Association

Originating Lender City

CINCINNATI

Originating Lender State

OH

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

73885.10

Forgiveness Date

06/17/2021

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