PPP Loan information for Action finance corp

$29,559

Action finance corp was initially approved for PPP Loan of amount $29,559, the current approved amount is $29,559. The loan was approved on 04/10/2020 by The The Citizens National Bank of Meridian reported 5 jobs and $29,559 was used to fund payroll.

Action finance corp is Existing or more than 2 years old

ACTION FINANCE CORP

Date Approved

04/10/2020

SBA Office Code

0470

Processing Method

PPP

Borrower Name

ACTION FINANCE CORP

Borrower Address

1410 14TH ST

Borrower City

MERIDIAN

Borrower State

MS

Borrower Zip

39301-4201

Loan Status Date

Loan Status

Exemption 4

Term

1

SBA Guaranty Percentage

100

Initial Approval Amount

29559.00

Current Approval Amount

29559.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

39604

Servicing Lender Name

The Citizens National Bank of Meridian

Servicing Lender Address

512 22nd Ave

Servicing Lender City

MERIDIAN

Servicing Lender State

MS

Servicing Lender Zip

39301-5853

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

MERIDIAN

Project County Name

LAUDERDALE

Project State

MS

Project Zip

39301-4201

CD

MS-03

Jobs Reported

5

NAICS Code

522291

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

2955.90

Payroll Proceed

23647.20

Mortgage Interest Proceed

2955.90

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

39604

Originating Lender

The Citizens National Bank of Meridian

Originating Lender City

MERIDIAN

Originating Lender State

MS

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

0.00

Forgiveness Date

;