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Progressive Systems, INC

$1,466,400 PPP Loan in Hamel, Minnesota

Loan Details

Loan Number
5786577005
Date Approved
Apr 6, 2020
Loan Status
Paid in Full
Initial Approval
$1,466,400
Current Approval
$1,466,400
Forgiveness Amount
$1,477,765
Forgiveness Date
Jan 20, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Progressive Systems, INC
Address
2805 Shire Rd
City
Hamel
State
Minnesota
ZIP Code
55340-5503
Business Type
Corporation
Industry (NAICS)
Manufacturing (333249)
Business Age
Existing or more than 2 years old
Jobs Reported
139
Estimated Revenue
$36.4M
Rural/Urban
Urban
Congressional District
MN-03

Loan Use Breakdown

Payroll
$1,466,400

Lender Information

Servicing Lender
Bankcherokee
Originating Lender
Bankcherokee

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