PPP Loan information for Progressive innovations, llc

$18,200

Progressive innovations, llc was initially approved for PPP Loan of amount $18,200, the current approved amount is $18,200. The loan was approved on 04/13/2020 by The Frandsen Bank & Trust reported 5 jobs and $18,200 was used to fund payroll.

Progressive innovations, llc is Existing or more than 2 years old

PPP Loan Search / MN / CAMBRIDGE / Progressive innovations, llc

PROGRESSIVE INNOVATIONS, LLC

Date Approved

04/13/2020

SBA Office Code

0508

Processing Method

PPP

Borrower Name

PROGRESSIVE INNOVATIONS, LLC

Borrower Address

34064 Highway 47 NW

Borrower City

CAMBRIDGE

Borrower State

MN

Borrower Zip

55008

Loan Status Date

12/17/2020

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

18200.00

Current Approval Amount

18200.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

38689

Servicing Lender Name

Frandsen Bank & Trust

Servicing Lender Address

116 W Central St

Servicing Lender City

LONSDALE

Servicing Lender State

MN

Servicing Lender Zip

55046-9626

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

CAMBRIDGE

Project County Name

ISANTI

Project State

MN

Project Zip

55008-0001

CD

MN-08

Jobs Reported

5

NAICS Code

237990

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1500.00

Payroll Proceed

13700.00

Mortgage Interest Proceed

0.00

Rent Proceed

3000.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Limited Liability Company(LLC)

Originating Lender Location Id

38689

Originating Lender

Frandsen Bank & Trust

Originating Lender City

LONSDALE

Originating Lender State

MN

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

18303.72

Forgiveness Date

11/17/2020

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