PPP Loan information for Action power sports, inc.

$425,000

Action power sports, inc. was initially approved for PPP Loan of amount $425,000, the current approved amount is $425,000. The loan was approved on 04/07/2020 by The Summit CU reported 39 jobs and $425,000 was used to fund payroll.

Action power sports, inc. is Existing or more than 2 years old

PPP Loan Search / WI / WAUKESHA / Action power sports, inc.

ACTION POWER SPORTS, INC.

Date Approved

04/07/2020

SBA Office Code

0563

Processing Method

PPP

Borrower Name

ACTION POWER SPORTS, INC.

Borrower Address

S14 W22605 CORAL DR

Borrower City

WAUKESHA

Borrower State

WI

Borrower Zip

53186-1538

Loan Status Date

04/08/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

425000.00

Current Approval Amount

425000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

108074

Servicing Lender Name

Summit CU

Servicing Lender Address

1709 Landmark Dr

Servicing Lender City

COTTAGE GROVE

Servicing Lender State

WI

Servicing Lender Zip

53527-8957

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

WAUKESHA

Project County Name

WAUKESHA

Project State

WI

Project Zip

53186-1538

CD

WI-05

Jobs Reported

39

NAICS Code

441210

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

425000.00

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

108074

Originating Lender

Summit CU

Originating Lender City

COTTAGE GROVE

Originating Lender State

WI

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

429156.85

Forgiveness Date

03/31/2021

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