PPP Loan information for Action tool & machine, inc.

$323,245

Action tool & machine, inc. was initially approved for PPP Loan of amount $323,245, the current approved amount is $323,245. The loan was approved on 04/27/2020 by The Financial Plus CU reported 25 jobs and $323,245 was used to fund payroll.

Action tool & machine, inc. is New Business or 2 years or less

ACTION TOOL & MACHINE, INC.

Date Approved

04/27/2020

SBA Office Code

0515

Processing Method

PPP

Borrower Name

ACTION TOOL & MACHINE, INC.

Borrower Address

5976 Ford Ct

Borrower City

Brighton

Borrower State

MI

Borrower Zip

48116-8511

Loan Status Date

05/06/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

323245.00

Current Approval Amount

323245.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

99537

Servicing Lender Name

Financial Plus CU

Servicing Lender Address

G 3381 Van Slyke Rd

Servicing Lender City

FLINT

Servicing Lender State

MI

Servicing Lender Zip

48507-8507

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

New Business or 2 years or less

Project City

Brighton

Project County Name

LIVINGSTON

Project State

MI

Project Zip

48116-8511

CD

MI-07

Jobs Reported

25

NAICS Code

332710

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

323245.00

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

99537

Originating Lender

Financial Plus CU

Originating Lender City

FLINT

Originating Lender State

MI

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

326387.66

Forgiveness Date

04/15/2021

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