Progrexion reports $16.76 million net loss for July

By Sarah Lizee

Olympia, Wash., Aug. 31 – PGX Holdings, Inc., which does business as Progrexion, reported a $16.76 million net loss for July on zero gross income/sales, according to its monthly operating report filed Thursday with the U.S. Bankruptcy Court for the District of Delaware.

The company had a cash balance of negative $890,540 at the end of July.

Progrexion is a provider of consumer credit repair services based in Salt Lake City. The company filed bankruptcy on June 4 under Chapter 11 case number 23-10718.

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