# PPP loan: PROGRESSIVE INDUSTRIAL ELECTRICAL INC
> **$257K** approved 03/12/2021 · Paid in Full · Loan `9961418507`
## Borrower
- **Name:** PROGRESSIVE INDUSTRIAL ELECTRICAL INC
- **Address:** 5292 S College Dr Ste 302, Murray, UT, 84123-2991
- **NAICS:** 238210
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $257K
- **Initial approval:** $257K
- **Forgiven:** $258K (100%)
- **Forgiveness date:** 09/15/2021
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $257K
- **Jobs reported:** 20
## Lender
- **Originating:** Mountain America FCU
- **Servicing:** Mountain America FCU (UT)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*