Progressive Rail Incorporated
$1,680,322 PPP Loan in Lakeville, Minnesota
Loan Details
- Loan Number
- 2472257203
- Date Approved
- Apr 16, 2020
- Loan Status
- Paid in Full
- Initial Approval
- $1,680,322
- Current Approval
- $1,680,322
- Forgiveness Amount
- $1,709,588
- Forgiveness Date
- Jan 11, 2022
- Term
- 24 months
- Draw
- First Draw
Business Information
- Business Name
- Progressive Rail Incorporated
- Address
- 21778 Highview Ave
- City
- Lakeville
- State
- Minnesota
- ZIP Code
- 55044
- Business Type
- Corporation
- Industry (NAICS)
- Transportation and Warehousing (485310)
- Business Age
- Existing or more than 2 years old
- Jobs Reported
- 150
- Estimated Revenue
- $145.5M
- Rural/Urban
- Urban
- Congressional District
- MN-02
Loan Use Breakdown
- Payroll
- $1,680,322
Lender Information
- Servicing Lender
- Pnc Bank, National Association
- Originating Lender
- First Source Federal Credit Union
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