PPP Loan information for Action materials inc

$595,900

Action materials inc was initially approved for PPP Loan of amount $595,900, the current approved amount is $595,900. The loan was approved on 04/03/2021 by The Washington Trust Bank reported 55 jobs and $595,900 was used to fund payroll.

Action materials inc is Existing or more than 2 years old

PPP Loan Search / WA / Cheney / Action materials inc

ACTION MATERIALS INC

Date Approved

04/03/2021

SBA Office Code

1094

Processing Method

PPS

Borrower Name

ACTION MATERIALS INC

Borrower Address

10710 S Cheney Spokane Rd

Borrower City

Cheney

Borrower State

WA

Borrower Zip

99004-9527

Loan Status Date

04/09/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

595900.00

Current Approval Amount

595900.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

74899

Servicing Lender Name

Washington Trust Bank

Servicing Lender Address

717 W Sprague Ave

Servicing Lender City

SPOKANE

Servicing Lender State

WA

Servicing Lender Zip

99201-3915

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Cheney

Project County Name

SPOKANE

Project State

WA

Project Zip

99004-9527

CD

WA-05

Jobs Reported

55

NAICS Code

212321

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

595900.00

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

74899

Originating Lender

Washington Trust Bank

Originating Lender City

SPOKANE

Originating Lender State

WA

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

601271.26

Forgiveness Date

03/08/2022

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