PPP Loan information for Progressive electric, inc.

$537,088

Progressive electric, inc. was initially approved for PPP Loan of amount $537,088, the current approved amount is $537,088. The loan was approved on 04/14/2020 by The Fifth Third Bank reported 22 jobs and $537,088 was used to fund payroll.

Progressive electric, inc. is Existing or more than 2 years old

PROGRESSIVE ELECTRIC, INC.

Date Approved

04/14/2020

SBA Office Code

0390

Processing Method

PPP

Borrower Name

PROGRESSIVE ELECTRIC, INC.

Borrower Address

4961 WASHINGTON ST

Borrower City

CHARLESTON

Borrower State

WV

Borrower Zip

25313

Loan Status Date

06/19/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

537087.50

Current Approval Amount

537087.50

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

58036

Servicing Lender Name

Fifth Third Bank

Servicing Lender Address

38 Fountain Sq Plz

Servicing Lender City

CINCINNATI

Servicing Lender State

OH

Servicing Lender Zip

45263

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

CHARLESTON

Project County Name

KANAWHA

Project State

WV

Project Zip

25313-0001

CD

WV-01

Jobs Reported

22

NAICS Code

238210

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

537087.50

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

58036

Originating Lender

Fifth Third Bank

Originating Lender City

CINCINNATI

Originating Lender State

OH

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

542965.62

Forgiveness Date

05/21/2021

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