PPP Loan information for Action motor sports, inc.

$372,300

Action motor sports, inc. was initially approved for PPP Loan of amount $372,300, the current approved amount is $372,300. The loan was approved on 04/03/2020 by The The Bank of Commerce reported 46 jobs and $372,300 was used to fund payroll.

Action motor sports, inc. is Existing or more than 2 years old

ACTION MOTOR SPORTS, INC.

Date Approved

04/03/2020

SBA Office Code

1087

Processing Method

PPP

Borrower Name

ACTION MOTOR SPORTS, INC.

Borrower Address

1355 E LINCOLN ROAD

Borrower City

IDAHO FALLS

Borrower State

ID

Borrower Zip

83401-2126

Loan Status Date

01/12/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

372300.00

Current Approval Amount

372300.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

20144

Servicing Lender Name

The Bank of Commerce

Servicing Lender Address

3113 S 25th E

Servicing Lender City

IDAHO FALLS

Servicing Lender State

ID

Servicing Lender Zip

83406-5732

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

IDAHO FALLS

Project County Name

BONNEVILLE

Project State

ID

Project Zip

83401-2126

CD

ID-02

Jobs Reported

46

NAICS Code

441228

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

372300.00

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

20144

Originating Lender

The Bank of Commerce

Originating Lender City

IDAHO FALLS

Originating Lender State

ID

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

374901.00

Forgiveness Date

12/22/2020

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