Progressive Tool & Mfg Co

$395,040 PPP Loan in Pine Island, Minnesota

Loan Details

Loan Number
1527768007
Date Approved
Jun 22, 2020
Loan Status
Paid in Full
Initial Approval
$395,040
Current Approval
$395,040
Forgiveness Amount
$397,707
Forgiveness Date
Feb 25, 2021
Term
60 months
Draw
First Draw

Business Information

Business Name
Progressive Tool & Mfg Co
Address
290 5th Street NE
ZIP Code
55963-7599
Business Type
Corporation
Industry (NAICS)
Manufacturing (326199)
Business Age
Unanswered
Jobs Reported
32
Estimated Revenue
$31.7M
Rural/Urban
Rural
Congressional District
MN-01

Loan Use Breakdown

Payroll
$395,040

Lender Information

Servicing Lender
Frandsen Bank & Trust
Originating Lender
Frandsen Bank and Trust

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