# PPP loan: PROGRESSIVE INDUSTRIAL LLC
> **$247K** approved 03/08/2021 · Paid in Full · Loan `7988738510`
## Borrower
- **Name:** PROGRESSIVE INDUSTRIAL LLC
- **Address:** 4930 George Washington Memorial Hwy, Hayes, VA, 23072-2825
- **NAICS:** 332996
- **Business type:** Limited  Liability Company(LLC)
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $247K
- **Initial approval:** $247K
- **Forgiven:** $248K (101%)
- **Forgiveness date:** 09/09/2021
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $247K
- **Utilities:** $1
- **Jobs reported:** 16
## Lender
- **Originating:** TowneBank
- **Servicing:** TowneBank (VA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*