PPP Loan information for Action super abrasive products, inc.

$279,073

Action super abrasive products, inc. was initially approved for PPP Loan of amount $279,073, the current approved amount is $279,073. The loan was approved on 04/09/2020 by The JPMorgan Chase Bank, National Association reported 16 jobs and $279,073 was used to fund payroll.

Action super abrasive products, inc. is Existing or more than 2 years old

ACTION SUPER ABRASIVE PRODUCTS, INC.

Date Approved

04/09/2020

SBA Office Code

0549

Processing Method

PPP

Borrower Name

ACTION SUPER ABRASIVE PRODUCTS, INC.

Borrower Address

945 Greenbriar Pkwy

Borrower City

KENT

Borrower State

OH

Borrower Zip

44240-6478

Loan Status Date

12/24/2020

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

279073.00

Current Approval Amount

279073.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

48270

Servicing Lender Name

JPMorgan Chase Bank, National Association

Servicing Lender Address

1111 Polaris Pkwy

Servicing Lender City

COLUMBUS

Servicing Lender State

OH

Servicing Lender Zip

43240-2031

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

KENT

Project County Name

PORTAGE

Project State

OH

Project Zip

44240-6478

CD

OH-14

Jobs Reported

16

NAICS Code

327910

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

22908.00

Payroll Proceed

218205.00

Mortgage Interest Proceed

0.00

Rent Proceed

18750.00

Refinance EIDL Proceed

0.00

Health Care Proceed

19210.00

Debt Interest Proceed

0

Business Type

Subchapter S Corporation

Originating Lender Location Id

48270

Originating Lender

JPMorgan Chase Bank, National Association

Originating Lender City

COLUMBUS

Originating Lender State

OH

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

280698.76

Forgiveness Date

11/12/2020

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