PPP Loan information for Action motors inc

$123,823

Action motors inc was initially approved for PPP Loan of amount $123,823, the current approved amount is $123,823. The loan was approved on 04/13/2020 by The Cadence Bank reported 12 jobs and $123,823 was used to fund payroll.

Action motors inc is New Business or 2 years or less

PPP Loan Search / TX / KILLEEN / Action motors inc

ACTION MOTORS INC

Date Approved

04/13/2020

SBA Office Code

0610

Processing Method

PPP

Borrower Name

ACTION MOTORS INC

Borrower Address

804 E VETERANS MEMORIAL BLVD

Borrower City

KILLEEN

Borrower State

TX

Borrower Zip

76541-7289

Loan Status Date

05/22/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

123822.50

Current Approval Amount

123822.50

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

39848

Servicing Lender Name

Cadence Bank

Servicing Lender Address

201 S Spring St

Servicing Lender City

TUPELO

Servicing Lender State

MS

Servicing Lender Zip

38804-4811

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

New Business or 2 years or less

Project City

KILLEEN

Project County Name

BELL

Project State

TX

Project Zip

76541-7289

CD

TX-11

Jobs Reported

12

NAICS Code

441120

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

123822.50

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

39848

Originating Lender

Cadence Bank

Originating Lender City

TUPELO

Originating Lender State

MS

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

125026.33

Forgiveness Date

04/08/2021

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