Progressive Technologies, Inc.
$2,067,048 PPP Loan in Memphis, Tennessee
Loan Details
- Loan Number
- 7405497001
- Date Approved
- Apr 7, 2020
- Loan Status
- Paid in Full
- Initial Approval
- $2,067,048
- Current Approval
- $2,067,048
- Forgiveness Amount
- $2,090,646
- Forgiveness Date
- Jun 9, 2021
- Term
- 24 months
- Draw
- First Draw
Business Information
- Business Name
- Progressive Technologies, Inc.
- Address
- 3750 Old Getwell Road
- City
- Memphis
- State
- Tennessee
- ZIP Code
- 38118-5909
- Business Type
- Subchapter S Corporation
- Industry (NAICS)
- Information (518210)
- Business Age
- Existing or more than 2 years old
- Jobs Reported
- 191
- Estimated Revenue
- $32.1M
- Rural/Urban
- Urban
- Congressional District
- TN-09
Loan Use Breakdown
- Payroll
- $1,974,909
- Rent
- $70,653
- Utilities
- $21,486
Lender Information
- Servicing Lender
- First Horizon Bank
- Originating Lender
- First Horizon Bank
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