# PPP loan: PROGRESSIVE ALTERNATIVES, INC.
> **$514K** approved 04/27/2020 · Paid in Full · Loan `5263907205`
## Borrower
- **Name:** PROGRESSIVE ALTERNATIVES, INC.
- **Address:** 424 S. Drake Road, Kalamazoo, MI, 49009-1217
- **NAICS:** 621610
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $514K
- **Initial approval:** $514K
- **Forgiven:** $521K (101%)
- **Forgiveness date:** 09/02/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $411K
- **Mortgage interest:** $103K
- **Jobs reported:** 108
## Lender
- **Originating:** Comerica Bank
- **Servicing:** Comerica Bank (TX)
---
*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*