PPP Loan information for Progressive tool & mfg co

$395,040

Progressive tool & mfg co was initially approved for PPP Loan of amount $395,040, the current approved amount is $395,040. The loan was approved on 06/22/2020 by The Frandsen Bank & Trust reported 32 jobs and $395,040 was used to fund payroll.

Progressive tool & mfg co is Unanswered

PPP Loan Search / MN / PINE ISLAND / Progressive tool & mfg co

PROGRESSIVE TOOL & MFG CO

Date Approved

06/22/2020

SBA Office Code

0508

Processing Method

PPP

Borrower Name

PROGRESSIVE TOOL & MFG CO

Borrower Address

290 5th Street NE

Borrower City

PINE ISLAND

Borrower State

MN

Borrower Zip

55963-7599

Loan Status Date

03/18/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

395040.00

Current Approval Amount

395040.00

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

Y

HLMI Indicator

N

Business Age Description

Unanswered

Project City

PINE ISLAND

Project County Name

GOODHUE

Project State

MN

Project Zip

55963-7599

CD

MN-01

Jobs Reported

32

NAICS Code

326199

Race

White

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

395040.00

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

38689

Originating Lender

Frandsen Bank & Trust

Originating Lender City

LONSDALE

Originating Lender State

MN

Gender

Female Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

397706.52

Forgiveness Date

02/25/2021

;