PPP Loan information for Progressive growers, inc.

$337,500

Progressive growers, inc. was initially approved for PPP Loan of amount $337,500, the current approved amount is $337,500. The loan was approved on 04/04/2020 by The The Cape Cod Five Cents Savings Bank reported 19 jobs and $337,500 was used to fund payroll.

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

PROGRESSIVE GROWERS, INC.

Date Approved

04/04/2020

SBA Office Code

0101

Processing Method

PPP

Borrower Name

PROGRESSIVE GROWERS, INC.

Borrower Address

CHARLOTTE FURNACE RD

Borrower City

WEST WAREHAM

Borrower State

MA

Borrower Zip

02576-1114

Loan Status Date

12/17/2020

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

337500.00

Current Approval Amount

337500.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

32844

Servicing Lender Name

The Cape Cod Five Cents Savings Bank

Servicing Lender Address

1500 Iyannough Rd

Servicing Lender City

HYANNIS

Servicing Lender State

MA

Servicing Lender Zip

02601

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

WEST WAREHAM

Project County Name

PLYMOUTH

Project State

MA

Project Zip

02576-1114

CD

MA-09

Jobs Reported

19

NAICS Code

444220

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

9800.00

Payroll Proceed

286800.00

Mortgage Interest Proceed

0.00

Rent Proceed

26900.00

Refinance EIDL Proceed

0.00

Health Care Proceed

10000.00

Debt Interest Proceed

4000

Business Type

Subchapter S Corporation

Originating Lender Location Id

32844

Originating Lender

The Cape Cod Five Cents Savings Bank

Originating Lender City

HYANNIS

Originating Lender State

MA

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

339375.00

Forgiveness Date

11/05/2020

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