PPP Loan information for Action electric inc.

$498,900

Action electric inc. was initially approved for PPP Loan of amount $498,900, the current approved amount is $498,900. The loan was approved on 01/25/2021 by The Zions Bank, A Division of reported 35 jobs and $498,900 was used to fund payroll.

Action electric inc. is Existing or more than 2 years old

PPP Loan Search / NV / Sparks / Action electric inc.

ACTION ELECTRIC INC.

Date Approved

01/25/2021

SBA Office Code

0944

Processing Method

PPS

Borrower Name

ACTION ELECTRIC INC.

Borrower Address

901 Meredith Way

Borrower City

Sparks

Borrower State

NV

Borrower Zip

89431-6451

Loan Status Date

08/17/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

498900.00

Current Approval Amount

498900.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

72601

Servicing Lender Name

Zions Bank, A Division of

Servicing Lender Address

1 S Main St

Servicing Lender City

SALT LAKE CITY

Servicing Lender State

UT

Servicing Lender Zip

84133-1109

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Sparks

Project County Name

WASHOE

Project State

NV

Project Zip

89431-6451

CD

NV-02

Jobs Reported

35

NAICS Code

238210

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

498900.00

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

72601

Originating Lender

Zions Bank, A Division of

Originating Lender City

SALT LAKE CITY

Originating Lender State

UT

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

453553.63

Forgiveness Date

07/28/2021

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