Progress INC

$69,020 PPP Loan in Kensington, Maryland

Loan Details

Loan Number
2870288007
Date Approved
Jun 24, 2020
Loan Status
Paid in Full
Initial Approval
$69,020
Current Approval
$69,020
Forgiveness Amount
$69,705
Forgiveness Date
Jun 22, 2021
Term
60 months
Draw
First Draw

Business Information

Business Name
Progress INC
Address
10576 Metropolitan Avenue
ZIP Code
20895-2606
Business Type
Subchapter S Corporation
Industry (NAICS)
Other Services (except Public Administration) (812990)
Business Age
Existing or more than 2 years old
Jobs Reported
14
Estimated Revenue
<$5M
Rural/Urban
Urban
Congressional District
MD-08

Loan Use Breakdown

Payroll
$51,765
Rent
$8,628
Utilities
$8,628

Lender Information

Servicing Lender
Celtic Bank Corporation
Originating Lender
Celtic Bank Corporation

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