PPP Loan information for Progressive contracting co. inc.

$198,000

Progressive contracting co. inc. was initially approved for PPP Loan of amount $198,000, the current approved amount is $198,000. The loan was approved on 02/22/2021 by The Truist Bank reported 18 jobs and $198,000 was used to fund payroll.

Progressive contracting co. inc. is Existing or more than 2 years old

PPP Loan Search / NC / Sanford / Progressive contracting co. inc.

PROGRESSIVE CONTRACTING CO. INC.

Date Approved

02/22/2021

SBA Office Code

0460

Processing Method

PPS

Borrower Name

PROGRESSIVE CONTRACTING CO. INC.

Borrower Address

115 Chatham St Ste 301

Borrower City

Sanford

Borrower State

NC

Borrower Zip

27330-4388

Loan Status Date

10/01/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

198000.00

Current Approval Amount

198000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

225134

Servicing Lender Name

Truist Bank

Servicing Lender Address

214 N Tryon St

Servicing Lender City

CHARLOTTE

Servicing Lender State

NC

Servicing Lender Zip

28202-1078

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Sanford

Project County Name

LEE

Project State

NC

Project Zip

27330-4388

CD

NC-09

Jobs Reported

18

NAICS Code

236220

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

197998.00

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

225134

Originating Lender

Truist Bank

Originating Lender City

CHARLOTTE

Originating Lender State

NC

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

199006.50

Forgiveness Date

08/27/2021

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