PPP Loan information for Action mold & machining inc

$556,000

Action mold & machining inc was initially approved for PPP Loan of amount $1,021,000, the current approved amount is $556,000. The loan was approved on 04/08/2020 by The The Huntington National Bank reported 35 jobs and $556,000 was used to fund payroll.

Action mold & machining inc is New Business or 2 years or less

PPP Loan Search / MI / GRAND RAPIDS / Action mold & machining inc

ACTION MOLD & MACHINING INC

Date Approved

04/08/2020

SBA Office Code

0515

Processing Method

PPP

Borrower Name

ACTION MOLD & MACHINING INC

Borrower Address

3120 Ken-O-Sha Industrial Ct S.E.

Borrower City

GRAND RAPIDS

Borrower State

MI

Borrower Zip

49508

Loan Status Date

12/17/2020

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

1021000.00

Current Approval Amount

556000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

57328

Servicing Lender Name

The Huntington National Bank

Servicing Lender Address

17 S High St.

Servicing Lender City

COLUMBUS

Servicing Lender State

OH

Servicing Lender Zip

43215-3413

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

New Business or 2 years or less

Project City

GRAND RAPIDS

Project County Name

KENT

Project State

MI

Project Zip

49508-0600

CD

MI-03

Jobs Reported

35

NAICS Code

333511

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

556000.00

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

57328

Originating Lender

The Huntington National Bank

Originating Lender City

COLUMBUS

Originating Lender State

OH

Gender

Male Owned

Veteran

Veteran

Non Profit

Forgiveness Amount

559119.78

Forgiveness Date

11/05/2020

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