PPP Loan information for Progressive industrial electrical inc

$256,945

Progressive industrial electrical inc was initially approved for PPP Loan of amount $256,945, the current approved amount is $256,945. The loan was approved on 03/12/2021 by The Mountain America FCU reported 20 jobs and $256,945 was used to fund payroll.

Progressive industrial electrical inc is Existing or more than 2 years old

PROGRESSIVE INDUSTRIAL ELECTRICAL INC

Date Approved

03/12/2021

SBA Office Code

0883

Processing Method

PPS

Borrower Name

PROGRESSIVE INDUSTRIAL ELECTRICAL INC

Borrower Address

5292 S College Dr Ste 302

Borrower City

Murray

Borrower State

UT

Borrower Zip

84123-2991

Loan Status Date

10/21/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

256945.00

Current Approval Amount

256945.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

106925

Servicing Lender Name

Mountain America FCU

Servicing Lender Address

9800 S Monroe St

Servicing Lender City

SANDY

Servicing Lender State

UT

Servicing Lender Zip

84070-4419

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Murray

Project County Name

SALT LAKE

Project State

UT

Project Zip

84123-2991

CD

UT-02

Jobs Reported

20

NAICS Code

238210

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

256944.00

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

106925

Originating Lender

Mountain America FCU

Originating Lender City

SANDY

Originating Lender State

UT

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

258226.21

Forgiveness Date

09/15/2021

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