Progressive Living, Inc.

$550,700 PPP Loan in Mankato, Minnesota

Loan Details

Loan Number
4504097001
Date Approved
Apr 3, 2020
Loan Status
Paid in Full
Initial Approval
$550,700
Current Approval
$550,700
Forgiveness Amount
$556,069
Forgiveness Date
Mar 31, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Progressive Living, Inc.
Address
832 N. Second Street
ZIP Code
56001-3301
Business Type
Subchapter S Corporation
Industry (NAICS)
Health Care and Social Assistance (623990)
Business Age
Existing or more than 2 years old
Jobs Reported
113
Estimated Revenue
$19.2M
Rural/Urban
Urban
Congressional District
MN-01

Loan Use Breakdown

Payroll
$440,600
Rent
$50,100
Utilities
$20,000
Health Care
$20,000
Mortgage Interest
$20,000

Lender Information

Servicing Lender
Progrowth Bank
Originating Lender
Progrowth Bank

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