PPP Loan information for Action electronics inc

$187,445

Action electronics inc was initially approved for PPP Loan of amount $187,445, the current approved amount is $187,445. The loan was approved on 01/23/2021 by The Walpole Co-Operative Bank reported 13 jobs and $187,445 was used to fund payroll.

Action electronics inc is Existing or more than 2 years old

PPP Loan Search / MA / Walpole / Action electronics inc

ACTION ELECTRONICS INC

Date Approved

01/23/2021

SBA Office Code

0101

Processing Method

PPS

Borrower Name

ACTION ELECTRONICS INC

Borrower Address

25 Walpole Park S Ste 9

Borrower City

Walpole

Borrower State

MA

Borrower Zip

02081-2522

Loan Status Date

04/15/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

187445.00

Current Approval Amount

187445.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

89283

Servicing Lender Name

Walpole Co-Operative Bank

Servicing Lender Address

982 Main St

Servicing Lender City

WALPOLE

Servicing Lender State

MA

Servicing Lender Zip

02081-2828

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Walpole

Project County Name

NORFOLK

Project State

MA

Project Zip

02081-2522

CD

MA-08

Jobs Reported

13

NAICS Code

423690

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

187443.00

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

Subchapter S Corporation

Originating Lender Location Id

89283

Originating Lender

Walpole Co-Operative Bank

Originating Lender City

WALPOLE

Originating Lender State

MA

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

189871.37

Forgiveness Date

05/05/2022

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