# PPP loan: PROGRESSIVE HEALTH CARE, P.C.
> **$494K** approved 04/11/2020 · Paid in Full · Loan `2790857103`
## Borrower
- **Name:** PROGRESSIVE HEALTH CARE, P.C.
- **Address:** 2635 COOLIDGE HWY, BERKLEY, MI, 48072
- **NAICS:** 621111
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $494K
- **Initial approval:** $494K
- **Forgiven:** $500K (101%)
- **Forgiveness date:** 07/02/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $395K
- **Rent:** $65K
- **Utilities:** $6K
- **Health care:** $29K
- **Jobs reported:** 42
## Lender
- **Originating:** JPMorgan Chase Bank, National Association
- **Servicing:** JPMorgan Chase Bank, National Association (OH)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*