Progressive Heating Cooling & Refrigeration, Inc.
$260,480 PPP Loan in Lowell, Michigan
Loan Details
- Loan Number
- 7644437002
- Date Approved
- Apr 7, 2020
- Loan Status
- Paid in Full
- Initial Approval
- $260,480
- Current Approval
- $260,480
- Forgiveness Amount
- $262,036
- Forgiveness Date
- Nov 19, 2020
- Term
- 24 months
- Draw
- First Draw
Business Information
- Business Name
- Progressive Heating Cooling & Refrigeration, Inc.
- Address
- 1375 E Main St
- City
- Lowell
- State
- Michigan
- ZIP Code
- 49331-9361
- Business Type
- Subchapter S Corporation
- Industry (NAICS)
- Construction (238220)
- Business Age
- Existing or more than 2 years old
- Jobs Reported
- 22
- Estimated Revenue
- $7.0M
- Rural/Urban
- Urban
- Congressional District
- MI-03
Loan Use Breakdown
- Payroll
- $197,554
- Rent
- $48,062
- Utilities
- $4,034
- Health Care
- $10,830
Lender Information
- Servicing Lender
- Mercantile Bank
- Originating Lender
- Mercantile Bank
Other PPP Loans in Lowell, MI
| Business | Approved | |
|---|---|---|
| Assa Group, Inc. DBA National Worksurface | $1,572,315 | |
| H.d. Hudson Manufacturing Company | $1,463,500 | |
| Metric Manufacturing Company, Inc. | $1,445,270 | |
| Kabb Management INC | $907,389 | |
| Berg Investments INC | $697,530 |
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