# PPP loan: PROGRESSIVE COMMERCIAL SERVICES LLC
> **$816K** approved 04/13/2020 · Paid in Full · Loan `5116787108`
## Borrower
- **Name:** PROGRESSIVE COMMERCIAL SERVICES LLC
- **Address:** 110 FORTUNE WAY, RALEIGH, NC, 27617-1907
- **NAICS:** 238220
- **Business type:** Limited  Liability Company(LLC)
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $816K
- **Initial approval:** $816K
- **Forgiven:** $823K (101%)
- **Forgiveness date:** 01/25/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $816K
- **Jobs reported:** 54
## Lender
- **Originating:** Truist Bank
- **Servicing:** Truist Bank (NC)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*