PPP Loan information for Action metals co.

$99,500

Action metals co. was initially approved for PPP Loan of amount $99,500, the current approved amount is $99,500. The loan was approved on 04/28/2020 by The Old Second National Bank reported 11 jobs and $99,500 was used to fund payroll.

Action metals co. is Existing or more than 2 years old

ACTION METALS CO.

Date Approved

04/28/2020

SBA Office Code

0507

Processing Method

PPP

Borrower Name

ACTION METALS CO.

Borrower Address

1500 DEARBORN AVE

Borrower City

AURORA

Borrower State

IL

Borrower Zip

60505-3133

Loan Status Date

05/26/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

99500.00

Current Approval Amount

99500.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

20282

Servicing Lender Name

Old Second National Bank

Servicing Lender Address

37 S River St

Servicing Lender City

AURORA

Servicing Lender State

IL

Servicing Lender Zip

60506-4173

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

AURORA

Project County Name

KANE

Project State

IL

Project Zip

60505-3133

CD

IL-11

Jobs Reported

11

NAICS Code

423510

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

99500.00

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

20282

Originating Lender

Old Second National Bank

Originating Lender City

AURORA

Originating Lender State

IL

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

100105.29

Forgiveness Date

12/10/2020

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