PPP borrower record
PROGRESSIVE TECHNOLOGIES, INC. PPP loan record
Public SBA PPP loan record for PROGRESSIVE TECHNOLOGIES, INC.. Review approval amount, forgiveness amount, lender fields, borrower location, and source limitations.
$2,067,048
Approved amount
$2,090,646
Forgiven amount
2020-04-07
Date approved
Borrower and loan details
Borrower
PROGRESSIVE TECHNOLOGIES, INC.
Loan number
7405497001
Business type
Subchapter S Corporation
Business age
Existing or more than 2 years old
Borrower city
Memphis
Borrower state
Tennessee
Borrower ZIP
38118
Jobs reported
191
Loan status
Exemption 4
Forgiveness date
2021-06-09
Servicing lender
First Horizon Bank
Originating lender
First Horizon Bank
Reported use of proceeds
Payroll
$1,974,909
Rent
$70,653
Utilities
$21,486
Mortgage interest
N/A
Health care
N/A
Debt interest
N/A
Location pages
Related directories
Source note
PPP Loan Map uses SBA public PPP records and Geocodio's geocoded PPP dataset for latitude, longitude, and Census geography. Map pins are geocoded estimates, not verified current business locations. Records are public administrative data, not legal findings.