PPP Loan information for Action oil recovery, inc

$168,200

Action oil recovery, inc was initially approved for PPP Loan of amount $168,200, the current approved amount is $168,200. The loan was approved on 04/06/2020 by The Bank of Erath reported 10 jobs and $168,200 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

04/06/2020

SBA Office Code

0679

Processing Method

PPP

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

12/04/2020

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

168200.00

Current Approval Amount

168200.00

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

324191

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

4000.00

Payroll Proceed

134634.00

Mortgage Interest Proceed

0.00

Rent Proceed

29566.00

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

169153.13

Forgiveness Date

11/05/2020

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