# PPP loan: PROGRESSIVE AUTO SALES LLC
> **$161K** approved 02/07/2021 · Paid in Full · Loan `5027158406`
## Borrower
- **Name:** PROGRESSIVE AUTO SALES LLC
- **Address:** 587 Union Blvd, Totowa, NJ, 07512-2444
- **NAICS:** 441120
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $161K
- **Initial approval:** $161K
- **Forgiven:** $162K (101%)
- **Forgiveness date:** 12/02/2021
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $161K
- **Jobs reported:** 32
## Lender
- **Originating:** ConnectOne Bank
- **Servicing:** ConnectOne Bank (NJ)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*