PPP Loan information for Action electric corp

$348,100

Action electric corp was initially approved for PPP Loan of amount $348,100, the current approved amount is $348,100. The loan was approved on 04/10/2020 by The The Nodaway Valley Bank reported 22 jobs and $348,100 was used to fund payroll.

Action electric corp is Existing or more than 2 years old

ACTION ELECTRIC CORP

Date Approved

04/10/2020

SBA Office Code

0709

Processing Method

PPP

Borrower Name

ACTION ELECTRIC CORP

Borrower Address

923 SOUTH 9TH STREET

Borrower City

SAINT JOSEPH

Borrower State

MO

Borrower Zip

64503-2466

Loan Status Date

02/09/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

348100.00

Current Approval Amount

348100.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

41121

Servicing Lender Name

The Nodaway Valley Bank

Servicing Lender Address

304 N Main St

Servicing Lender City

MARYVILLE

Servicing Lender State

MO

Servicing Lender Zip

64468-1644

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

SAINT JOSEPH

Project County Name

BUCHANAN

Project State

MO

Project Zip

64503-2466

CD

MO-06

Jobs Reported

22

NAICS Code

238210

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

348100.00

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

Corporation

Originating Lender Location Id

41121

Originating Lender

The Nodaway Valley Bank

Originating Lender City

MARYVILLE

Originating Lender State

MO

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

350875.13

Forgiveness Date

01/26/2021

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