PPP Loan information for Action industrial supply inc.

$409,300

Action industrial supply inc. was initially approved for PPP Loan of amount $409,300, the current approved amount is $409,300. The loan was approved on 04/13/2020 by The Truist Bank reported 14 jobs and $409,300 was used to fund payroll.

Action industrial supply inc. is Existing or more than 2 years old

PPP Loan Search / NC / STATESVILLE / Action industrial supply inc.

ACTION INDUSTRIAL SUPPLY INC.

Date Approved

04/13/2020

SBA Office Code

0460

Processing Method

PPP

Borrower Name

ACTION INDUSTRIAL SUPPLY INC.

Borrower Address

924 COCHRAN ST

Borrower City

STATESVILLE

Borrower State

NC

Borrower Zip

28677-5655

Loan Status Date

10/01/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

409300.00

Current Approval Amount

409300.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

225134

Servicing Lender Name

Truist Bank

Servicing Lender Address

214 N Tryon St

Servicing Lender City

CHARLOTTE

Servicing Lender State

NC

Servicing Lender Zip

28202-1078

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

STATESVILLE

Project County Name

IREDELL

Project State

NC

Project Zip

28677-5655

CD

NC-10

Jobs Reported

14

NAICS Code

333318

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

409300.00

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

225134

Originating Lender

Truist Bank

Originating Lender City

CHARLOTTE

Originating Lender State

NC

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

409427.49

Forgiveness Date

06/11/2021

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