PPP Loan information for Action motors, inc.

$45,000

Action motors, inc. was initially approved for PPP Loan of amount $45,000, the current approved amount is $45,000. The loan was approved on 04/28/2020 by The AB&T reported 4 jobs and $45,000 was used to fund payroll.

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

ACTION MOTORS, INC.

Date Approved

04/28/2020

SBA Office Code

0405

Processing Method

PPP

Borrower Name

ACTION MOTORS, INC.

Borrower Address

901 W. OGLETHORPE BLVD

Borrower City

ALBANY

Borrower State

GA

Borrower Zip

31701-2721

Loan Status Date

04/08/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

45000.00

Current Approval Amount

45000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

123991

Servicing Lender Name

AB&T

Servicing Lender Address

2815 Meredyth Dr

Servicing Lender City

ALBANY

Servicing Lender State

GA

Servicing Lender Zip

31708-1269

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

ALBANY

Project County Name

DOUGHERTY

Project State

GA

Project Zip

31701-2721

CD

GA-02

Jobs Reported

4

NAICS Code

441120

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

45000.00

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

123991

Originating Lender

AB&T

Originating Lender City

ALBANY

Originating Lender State

GA

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

45411.25

Forgiveness Date

03/30/2021

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