PPP Loan information for Action tool & manufacturing, inc.

$193,147

Action tool & manufacturing, inc. was initially approved for PPP Loan of amount $193,147, the current approved amount is $193,147. The loan was approved on 05/01/2020 by The JPMorgan Chase Bank, National Association reported 18 jobs and $193,147 was used to fund payroll.

Action tool & manufacturing, inc. is Existing or more than 2 years old

PPP Loan Search / IL / ROCKFORD / Action tool & manufacturing, inc.

ACTION TOOL & MANUFACTURING, INC.

Date Approved

05/01/2020

SBA Office Code

0507

Processing Method

PPP

Borrower Name

ACTION TOOL & MANUFACTURING, INC.

Borrower Address

5573 SANDY HOLLOW RD

Borrower City

ROCKFORD

Borrower State

IL

Borrower Zip

61109

Loan Status Date

02/18/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

193147.00

Current Approval Amount

193147.00

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

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

ROCKFORD

Project County Name

WINNEBAGO

Project State

IL

Project Zip

61109-0600

CD

IL-17

Jobs Reported

18

NAICS Code

332119

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

11318.00

Payroll Proceed

142632.00

Mortgage Interest Proceed

0.00

Rent Proceed

28100.00

Refinance EIDL Proceed

0.00

Health Care Proceed

11097.00

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

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

194461.47

Forgiveness Date

01/07/2021

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