Progressive Distribution Centers, Inc.

$489,700 PPP Loan in Melvindale, Michigan

Loan Details

Loan Number
1238667303
Date Approved
Apr 28, 2020
Loan Status
Paid in Full
Initial Approval
$489,700
Current Approval
$489,700
Forgiveness Amount
$495,250
Forgiveness Date
Jun 24, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Progressive Distribution Centers, Inc.
Address
18765 Seaway Drive
ZIP Code
48122-1954
Business Type
Corporation
Industry (NAICS)
Transportation and Warehousing (493110)
Business Age
Existing or more than 2 years old
Jobs Reported
38
Estimated Revenue
$9.6M
Rural/Urban
Urban
Congressional District
MI-13

Loan Use Breakdown

Payroll
$391,776
Mortgage Interest
$97,924

Lender Information

Servicing Lender
Comerica Bank
Originating Lender
Comerica Bank

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