PPP Loan information for Action electronics, inc.

$179,100

Action electronics, inc. was initially approved for PPP Loan of amount $179,100, the current approved amount is $179,100. The loan was approved on 04/08/2020 by The Walpole Co-Operative Bank reported 14 jobs and $179,100 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

04/08/2020

SBA Office Code

0101

Processing Method

PPP

Borrower Name

ACTION ELECTRONICS, INC.

Borrower Address

25 Walpole Park South Ste 9A

Borrower City

WALPOLE

Borrower State

MA

Borrower Zip

02081-2522

Loan Status Date

12/19/2020

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

179100.00

Current Approval Amount

179100.00

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

14

NAICS Code

423610

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

3000.00

Payroll Proceed

159100.00

Mortgage Interest Proceed

0.00

Rent Proceed

17000.00

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

180184.55

Forgiveness Date

11/20/2020

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