PPP Loan information for Action sports inc.

$226,000

Action sports inc. was initially approved for PPP Loan of amount $226,000, the current approved amount is $226,000. The loan was approved on 04/03/2020 by The Security First Bank of North Dakota reported 25 jobs and $226,000 was used to fund payroll.

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

ACTION SPORTS INC.

Date Approved

04/03/2020

SBA Office Code

0875

Processing Method

PPP

Borrower Name

ACTION SPORTS INC.

Borrower Address

1400 Action Drive SE

Borrower City

MANDAN

Borrower State

ND

Borrower Zip

58554-6519

Loan Status Date

01/15/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

226000.00

Current Approval Amount

226000.00

Undisbursed Amount

0.00

Franchise Name

Polaris - Dealer Agreement

Servicing Lender Location Id

52921

Servicing Lender Name

Security First Bank of North Dakota

Servicing Lender Address

700 Ash Ave

Servicing Lender City

NEW SALEM

Servicing Lender State

ND

Servicing Lender Zip

58563-4503

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

MANDAN

Project County Name

MORTON

Project State

ND

Project Zip

58554-6519

CD

ND-

Jobs Reported

25

NAICS Code

441210

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

5428.00

Payroll Proceed

169572.00

Mortgage Interest Proceed

0.00

Rent Proceed

51000.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Corporation

Originating Lender Location Id

52921

Originating Lender

Security First Bank of North Dakota

Originating Lender City

NEW SALEM

Originating Lender State

ND

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

227494.11

Forgiveness Date

12/07/2020

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