PPP Loan information for Action auto sales and finance inc.

$258,300

Action auto sales and finance inc. was initially approved for PPP Loan of amount $258,300, the current approved amount is $258,300. The loan was approved on 04/10/2020 by The Community Banks of Colorado, A Division of reported 29 jobs and $258,300 was used to fund payroll.

Action auto sales and finance inc. is Existing or more than 2 years old

PPP Loan Search / UT / OREM / Action auto sales and finance inc.

ACTION AUTO SALES AND FINANCE INC.

Date Approved

04/10/2020

SBA Office Code

0883

Processing Method

PPP

Borrower Name

ACTION AUTO SALES AND FINANCE INC.

Borrower Address

273 S State Street

Borrower City

OREM

Borrower State

UT

Borrower Zip

84058-5421

Loan Status Date

05/07/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

258300.00

Current Approval Amount

258300.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

478121

Servicing Lender Name

Community Banks of Colorado, A Division of

Servicing Lender Address

7800 E Orchard Rd, Ste 200

Servicing Lender City

GREENWOOD VILLAGE

Servicing Lender State

CO

Servicing Lender Zip

80111-2585

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

OREM

Project County Name

UTAH

Project State

UT

Project Zip

84058-5421

CD

UT-03

Jobs Reported

29

NAICS Code

441120

Race

Asian

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

258300.00

Mortgage Interest Proceed

0.00

Rent Proceed

0.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Subchapter S Corporation

Originating Lender Location Id

478121

Originating Lender

Community Banks of Colorado, A Division of

Originating Lender City

GREENWOOD VILLAGE

Originating Lender State

CO

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

259792.40

Forgiveness Date

11/05/2020

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