PPP Loan information for Action development corporation

$440,500

Action development corporation was initially approved for PPP Loan of amount $440,500, the current approved amount is $440,500. The loan was approved on 04/07/2020 by The First Mid Bank & Trust, National Association reported 50 jobs and $440,500 was used to fund payroll.

Action development corporation is Existing or more than 2 years old

PPP Loan Search / IL / SPRINGFIELD / Action development corporation

ACTION DEVELOPMENT CORPORATION

Date Approved

04/07/2020

SBA Office Code

0507

Processing Method

PPP

Borrower Name

ACTION DEVELOPMENT CORPORATION

Borrower Address

2600 Market Place

Borrower City

SPRINGFIELD

Borrower State

IL

Borrower Zip

62702

Loan Status Date

05/20/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

440500.00

Current Approval Amount

440500.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

21908

Servicing Lender Name

First Mid Bank & Trust, National Association

Servicing Lender Address

1515 Charleston Ave.

Servicing Lender City

MATTOON

Servicing Lender State

IL

Servicing Lender Zip

61938-3932

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

SPRINGFIELD

Project County Name

SANGAMON

Project State

IL

Project Zip

62702-0001

CD

IL-15

Jobs Reported

50

NAICS Code

532210

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

54875.00

Payroll Proceed

330750.00

Mortgage Interest Proceed

0.00

Rent Proceed

54875.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Corporation

Originating Lender Location Id

21908

Originating Lender

First Mid Bank & Trust, National Association

Originating Lender City

MATTOON

Originating Lender State

IL

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

444953.94

Forgiveness Date

04/14/2021

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