Progressive Metal Manufacturing Company
$2,033,382 PPP Loan in Warren, Michigan
Loan Details
- Loan Number
- 9756157005
- Date Approved
- Apr 9, 2020
- Loan Status
- Paid in Full
- Initial Approval
- $2,033,382
- Current Approval
- $2,033,382
- Forgiveness Amount
- $2,059,675
- Forgiveness Date
- Jul 30, 2021
- Term
- 24 months
- Draw
- First Draw
Business Information
- Business Name
- Progressive Metal Manufacturing Company
- Address
- 3100 E 10 Mile Rd 0.0
- City
- Warren
- State
- Michigan
- ZIP Code
- 48091-3713
- Business Type
- Subchapter S Corporation
- Industry (NAICS)
- Manufacturing (336390)
- Business Age
- Existing or more than 2 years old
- Jobs Reported
- 125
- Estimated Revenue
- $32.7M
- Rural/Urban
- Urban
- Congressional District
- MI-10
Loan Use Breakdown
- Payroll
- $1,755,382
- Rent
- $97,000
- Utilities
- $60,000
- Health Care
- $95,000
- Debt Interest
- $26,000
Lender Information
- Servicing Lender
- Jpmorgan Chase Bank, National Association
- Originating Lender
- Jpmorgan Chase Bank, National Association
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