PPP Loan information for Action gear inc

$17,600

Action gear inc was initially approved for PPP Loan of amount $17,600, the current approved amount is $17,600. The loan was approved on 04/28/2020 by The Lake Michigan CU reported 2 jobs and $17,600 was used to fund payroll.

Action gear inc is Existing or more than 2 years old

PPP Loan Search / MI / Schoolcraft / Action gear inc

ACTION GEAR INC

Date Approved

04/28/2020

SBA Office Code

0515

Processing Method

PPP

Borrower Name

ACTION GEAR INC

Borrower Address

11067 Higley Cir W

Borrower City

Schoolcraft

Borrower State

MI

Borrower Zip

49087

Loan Status Date

03/06/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

17600.00

Current Approval Amount

17600.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

98993

Servicing Lender Name

Lake Michigan CU

Servicing Lender Address

5540 Glenwood Hills Pkwy SE

Servicing Lender City

GRAND RAPIDS

Servicing Lender State

MI

Servicing Lender Zip

49512-2044

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Schoolcraft

Project County Name

KALAMAZOO

Project State

MI

Project Zip

49087-0001

CD

MI-06

Jobs Reported

2

NAICS Code

448190

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

2200.00

Payroll Proceed

13200.00

Mortgage Interest Proceed

2200.00

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

98993

Originating Lender

Lake Michigan CU

Originating Lender City

GRAND RAPIDS

Originating Lender State

MI

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

17735.42

Forgiveness Date

02/09/2021

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