PPP Loan information for Action oil recovery inc.

$142,400

Action oil recovery inc. was initially approved for PPP Loan of amount $142,400, the current approved amount is $142,400. The loan was approved on 01/20/2021 by The Bank of Erath reported 10 jobs and $142,400 was used to fund payroll.

Action oil recovery inc. is Existing or more than 2 years old

PPP Loan Search / LA / Abbeville / Action oil recovery inc.

ACTION OIL RECOVERY INC.

Date Approved

01/20/2021

SBA Office Code

0679

Processing Method

PPS

Borrower Name

ACTION OIL RECOVERY INC.

Borrower Address

18101 W LA Hwy 330

Borrower City

Abbeville

Borrower State

LA

Borrower Zip

70510-7743

Loan Status Date

05/06/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

142400.00

Current Approval Amount

142400.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

28227

Servicing Lender Name

Bank of Erath

Servicing Lender Address

105 W Edwards St

Servicing Lender City

ERATH

Servicing Lender State

LA

Servicing Lender Zip

70533-4027

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Abbeville

Project County Name

VERMILION

Project State

LA

Project Zip

70510-7743

CD

LA-03

Jobs Reported

10

NAICS Code

424720

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

142400.00

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

28227

Originating Lender

Bank of Erath

Originating Lender City

ERATH

Originating Lender State

LA

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

144164.18

Forgiveness Date

04/20/2022

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