PPP Loan information for Action technology inc

$922,000

Action technology inc was initially approved for PPP Loan of amount $922,000, the current approved amount is $922,000. The loan was approved on 04/09/2020 by The Truist Bank reported 120 jobs and $922,000 was used to fund payroll.

Action technology inc is Existing or more than 2 years old

PPP Loan Search / VA / MIDLOTHIAN / Action technology inc

ACTION TECHNOLOGY INC

Date Approved

04/09/2020

SBA Office Code

0304

Processing Method

PPP

Borrower Name

ACTION TECHNOLOGY INC

Borrower Address

3121 East BOUNDARY CT

Borrower City

MIDLOTHIAN

Borrower State

VA

Borrower Zip

23112-3932

Loan Status Date

04/21/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

922000.00

Current Approval Amount

922000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

225134

Servicing Lender Name

Truist Bank

Servicing Lender Address

214 N Tryon St

Servicing Lender City

CHARLOTTE

Servicing Lender State

NC

Servicing Lender Zip

28202-1078

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

MIDLOTHIAN

Project County Name

CHESTERFIELD

Project State

VA

Project Zip

23112-3932

CD

VA-01

Jobs Reported

120

NAICS Code

561312

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

922000.00

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

225134

Originating Lender

Truist Bank

Originating Lender City

CHARLOTTE

Originating Lender State

NC

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

929965.06

Forgiveness Date

03/05/2021

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