PPP Loan information for Progressive foundry inc

$1,272,350

Progressive foundry inc was initially approved for PPP Loan of amount $1,272,350, the current approved amount is $1,272,350. The loan was approved on 04/08/2020 by The Raccoon Valley Bank reported 92 jobs and $1,272,350 was used to fund payroll.

Progressive foundry inc is Existing or more than 2 years old

PPP Loan Search / IA / PERRY / Progressive foundry inc

PROGRESSIVE FOUNDRY INC

Date Approved

04/08/2020

SBA Office Code

0761

Processing Method

PPP

Borrower Name

PROGRESSIVE FOUNDRY INC

Borrower Address

1518 1ST AVE

Borrower City

PERRY

Borrower State

IA

Borrower Zip

50220-1403

Loan Status Date

02/09/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

1272350.00

Current Approval Amount

1272350.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

25374

Servicing Lender Name

Raccoon Valley Bank

Servicing Lender Address

1202 2nd St

Servicing Lender City

PERRY

Servicing Lender State

IA

Servicing Lender Zip

50220-1506

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

PERRY

Project County Name

DALLAS

Project State

IA

Project Zip

50220-1403

CD

IA-03

Jobs Reported

92

NAICS Code

333511

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

1272350.00

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

25374

Originating Lender

Raccoon Valley Bank

Originating Lender City

PERRY

Originating Lender State

IA

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

1281539.19

Forgiveness Date

01/06/2021

;