Progress Printing Company

$1,201,600 PPP Loan in Lynchburg, Virginia

Loan Details

Loan Number
6502397003
Date Approved
Apr 7, 2020
Loan Status
Paid in Full
Initial Approval
$1,201,600
Current Approval
$1,201,600
Forgiveness Amount
$1,211,914
Forgiveness Date
Feb 19, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Progress Printing Company
Address
2677 Waterlick Road
ZIP Code
24502-4861
Business Type
Corporation
Industry (NAICS)
Manufacturing (323111)
Business Age
Existing or more than 2 years old
Jobs Reported
99
Estimated Revenue
$98.2M
Rural/Urban
Urban
Congressional District
VA-05

Loan Use Breakdown

Payroll
$901,600
Rent
$170,000
Utilities
$130,000

Lender Information

Servicing Lender
Atlantic Union Bank
Originating Lender
Atlantic Union Bank

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