Progress Industries
$1,697,900 PPP Loan in Newton, Iowa
Loan Details
- Loan Number
- 9257737008
- Date Approved
- Apr 9, 2020
- Loan Status
- Paid in Full
- Initial Approval
- $1,697,900
- Current Approval
- $1,697,900
- Forgiveness Amount
- $1,708,367
- Forgiveness Date
- Dec 2, 2020
- Term
- 24 months
- Draw
- First Draw
Business Information
- Business Name
- Progress Industries
- Address
- 202 N 3rd Ave W
- City
- Newton
- State
- Iowa
- ZIP Code
- 50208-3037
- Business Type
- Non-Profit Organization
- Industry (NAICS)
- Public Administration (923120)
- Business Age
- Existing or more than 2 years old
- Jobs Reported
- 223
- Estimated Revenue
- N/A (non-profit)
- Non-Profit
- Yes
- Rural/Urban
- Rural
- Congressional District
- IA-01
Loan Use Breakdown
- Payroll
- $1,697,900
Lender Information
- Servicing Lender
- Fnnb Bank
- Originating Lender
- Fnnb Bank
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|---|---|---|
| The Vernon Company | $2,000,000 |  Research |
| Van Maanen Electric Inc. | $2,000,000 | Research |
| Van Maanen Electric, Inc. | $1,969,300 | Research |
| Thombert, Inc. | $1,964,400 | Research |
| Fremont Farms of Iowa LLP | $1,881,250 | Research |
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