# PPP loan: PROGRESS MFG. INC.
> **$1.08M** approved 02/20/2021 · Paid in Full · Loan `2510058505`
## Borrower
- **Name:** PROGRESS MFG. INC.
- **Address:** 353 S 1100 W, Provo, UT, 84601-4103
- **NAICS:** 336390
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $1.08M
- **Initial approval:** $1.08M
- **Forgiven:** $1.08M (100%)
- **Forgiveness date:** 07/19/2021
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $1.08M
- **Utilities:** $1
- **Jobs reported:** 92
## Lender
- **Originating:** Altabank, A Division of
- **Servicing:** Glacier Bank (MT)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*