PPP Loan information for Progressive eldercare services

$377,400

Progressive eldercare services was initially approved for PPP Loan of amount $377,400, the current approved amount is $377,400. The loan was approved on 04/08/2020 by The First Horizon Bank reported 70 jobs and $377,400 was used to fund payroll.

Progressive eldercare services is Existing or more than 2 years old

PROGRESSIVE ELDERCARE SERVICES

Date Approved

04/08/2020

SBA Office Code

0679

Processing Method

PPP

Borrower Name

PROGRESSIVE ELDERCARE SERVICES

Borrower Address

PO BOX 12187

Borrower City

ALEXANDRIA

Borrower State

LA

Borrower Zip

71315-2187

Loan Status Date

03/19/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

377400.00

Current Approval Amount

377400.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

67422

Servicing Lender Name

First Horizon Bank

Servicing Lender Address

165 Madison Ave

Servicing Lender City

MEMPHIS

Servicing Lender State

TN

Servicing Lender Zip

38103-2723

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

ALEXANDRIA

Project County Name

RAPIDES

Project State

LA

Project Zip

71315-2187

CD

LA-05

Jobs Reported

70

NAICS Code

623110

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

377400.00

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

Non-Profit Organization

Originating Lender Location Id

67422

Originating Lender

First Horizon Bank

Originating Lender City

MEMPHIS

Originating Lender State

TN

Gender

Unanswered

Veteran

Unanswered

Non Profit

Y

Forgiveness Amount

380503.07

Forgiveness Date

02/11/2021

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