Progressive Electric Inc.
$109,500 PPP Loan in East Hanover, New Jersey
Loan Details
- Loan Number
- 1868458507
- Date Approved
- Feb 19, 2021
- Loan Status
- Paid in Full
- Initial Approval
- $109,500
- Current Approval
- $109,500
- Forgiveness Amount
- $109,959
- Forgiveness Date
- Aug 4, 2021
- Term
- 60 months
- Draw
- Second Draw
Business Information
- Business Name
- Progressive Electric Inc.
- Address
- 40 Eagle Rock Ave
- City
- East Hanover
- State
- New Jersey
- ZIP Code
- 07936-3104
- Business Type
- Subchapter S Corporation
- Industry (NAICS)
- Construction (236220)
- Business Age
- Existing or more than 2 years old
- Jobs Reported
- 6
- Estimated Revenue
- $6.8M
- Rural/Urban
- Urban
- Congressional District
- NJ-11
Loan Use Breakdown
- Payroll
- $109,498
- Utilities
- $1
Lender Information
- Servicing Lender
- Readycap Lending, LLC
- Originating Lender
- Readycap Lending, LLC
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