# PPP loan: PROGRESSIVE AG, INC.
> **$418K** approved 04/05/2020 · Paid in Full · Loan `5576617006`
## Borrower
- **Name:** PROGRESSIVE AG, INC.
- **Address:** 1336 MCWILLIAMS WAY, MODESTO, CA, 95351-1124
- **NAICS:** 333111
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $418K
- **Initial approval:** $418K
- **Forgiven:** $423K (101%)
- **Forgiveness date:** 05/27/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $418K
- **Jobs reported:** 28
## Lender
- **Originating:** Oak Valley Community Bank
- **Servicing:** Oak Valley Community Bank (CA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*