Progressive Building Systems, Ltd.

$1,238,697 PPP Loan in Saint Michael, Minnesota

Loan Details

Loan Number
3805697101
Date Approved
Apr 12, 2020
Loan Status
Paid in Full
Initial Approval
$1,238,697
Current Approval
$1,238,697
Forgiveness Amount
$1,247,861
Forgiveness Date
Jan 20, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Progressive Building Systems, Ltd.
Address
16184 54th St NE
ZIP Code
55376-3350
Business Type
Corporation
Industry (NAICS)
Construction (236210)
Business Age
Existing or more than 2 years old
Jobs Reported
90
Estimated Revenue
$102.5M
Rural/Urban
Rural
Congressional District
MN-06

Loan Use Breakdown

Payroll
$929,023
Utilities
$123,870
Mortgage Interest
$185,805

Lender Information

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

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