PPP Loan information for Action wood technologies inc.

$393,332

Action wood technologies inc. was initially approved for PPP Loan of amount $393,332, the current approved amount is $393,332. The loan was approved on 01/22/2021 by The Chelsea State Bank reported 29 jobs and $393,332 was used to fund payroll.

Action wood technologies inc. is Existing or more than 2 years old

PPP Loan Search / MI / Clinton Township / Action wood technologies inc.

ACTION WOOD TECHNOLOGIES INC.

Date Approved

01/22/2021

SBA Office Code

0515

Processing Method

PPS

Borrower Name

ACTION WOOD TECHNOLOGIES INC.

Borrower Address

44500 Reynolds Dr

Borrower City

Clinton Township

Borrower State

MI

Borrower Zip

48036-1246

Loan Status Date

01/31/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

393332.00

Current Approval Amount

393332.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

33691

Servicing Lender Name

Chelsea State Bank

Servicing Lender Address

1010 S Main St

Servicing Lender City

CHELSEA

Servicing Lender State

MI

Servicing Lender Zip

48118-1435

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Clinton Township

Project County Name

MACOMB

Project State

MI

Project Zip

48036-1246

CD

MI-10

Jobs Reported

29

NAICS Code

321920

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

393330.00

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

33691

Originating Lender

Chelsea State Bank

Originating Lender City

CHELSEA

Originating Lender State

MI

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

396694.18

Forgiveness Date

12/08/2021

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