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Progress Electric Corporatio

$93,600 PPP Loan in Pottsboro, Texas

Loan Details

Loan Number
8910697302
Date Approved
May 1, 2020
Loan Status
Paid in Full
Initial Approval
$93,600
Current Approval
$93,600
Forgiveness Amount
$94,336
Forgiveness Date
Feb 17, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Progress Electric Corporatio
Address
1012 Fountain Creek
City
Pottsboro
State
Texas
ZIP Code
75076
Business Type
Corporation
Industry (NAICS)
Construction (238210)
Business Age
Existing or more than 2 years old
Jobs Reported
8
Estimated Revenue
<$5M
Rural/Urban
Rural
Congressional District
TX-04

Loan Use Breakdown

Payroll
$74,880
Utilities
$18,720

Lender Information

Servicing Lender
First United Bank and Trust Company
Originating Lender
First United Bank and Trust Company

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