X0704 D LIVE 0001478295 Progress Financial Corp 465 FAIRCHILD DR., SUITE 135 MOUNTAIN VIEW CA CALIFORNIA 94043 (650) 810-8850 DELAWARE None None Corporation true James Gutierrez c/o Progress Financial Corporation 465 FAIRCHILD DR., SUITE 135 Mountain View CA CALIFORNIA 94043 Executive Officer Director Jonathan Coblentz c/o Progress Financial Corporation 465 FAIRCHILD DR., SUITE 135 Mountain View CA CALIFORNIA 94043 Executive Officer David Tomlinson c/o Progress Financial Corporation 465 FAIRCHILD DR., SUITE 135 Mountain View CA CALIFORNIA 94043 Executive Officer James Caviness c/o Progress Financial Corporation 465 FAIRCHILD DR., SUITE 135 Mountain View CA CALIFORNIA 94043 Executive Officer Patrick Kirscht c/o Progress Financial Corporation 465 FAIRCHILD DR., SUITE 135 Mountain View CA CALIFORNIA 94043 Executive Officer Todd Rice c/o Progress Financial Corporation 465 FAIRCHILD DR., SUITE 135 Mountain View CA CALIFORNIA 94043 Executive Officer Christopher Larsen c/o Prosper Marketplace, Inc. 111 Sutter St., St., 22nd Floor San Francisco CA CALIFORNIA 94106 Director David Strohm c/o Greylock Partners 2550 Sand Hill Rd., Second Floor Menlo Park CA CALIFORNIA 94025 Director Saar Gur c/o Charles River Ventures 2882 Sand Hill Rd., Suite 106 Menlo Park CA CALIFORNIA 94025 Director Thomas Patterson Madrone Partners 3000 Sand Hill Rd., Building 1, Ste. 150 Menlo Park CA CALIFORNIA 94025 Director Carl Pascarella c/o TPG Capital L.P. 345 California Street, Ste. 3300 San Francisco CA CALIFORNIA 94104 Director Other Banking and Financial Services Decline to Disclose 06 false 2010-11-04 false true true Convertible Promissory Notes which are convertible into Preferred Stock. false 0 8500000 8500000 0 false 13 0 0 0 Proceeds will be used for working capital. false Progress Financial Corp /s/ Jonathan Coblentz Jonathan Coblentz Chief Financial Officer 2010-11-18