PPP Loan information for Action motorsports llc

$130,200

Action motorsports llc was initially approved for PPP Loan of amount $130,200, the current approved amount is $130,200. The loan was approved on 01/25/2021 by The Bank of Farmington reported 12 jobs and $130,200 was used to fund payroll.

Action motorsports llc is Existing or more than 2 years old

PPP Loan Search / IL / Peoria / Action motorsports llc

ACTION MOTORSPORTS LLC

Date Approved

01/25/2021

SBA Office Code

0507

Processing Method

PPS

Borrower Name

ACTION MOTORSPORTS LLC

Borrower Address

8711 N Industrial Rd

Borrower City

Peoria

Borrower State

IL

Borrower Zip

61615-1505

Loan Status Date

11/06/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

130200.00

Current Approval Amount

130200.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

21372

Servicing Lender Name

Bank of Farmington

Servicing Lender Address

16 N Main St

Servicing Lender City

FARMINGTON

Servicing Lender State

IL

Servicing Lender Zip

61531-1233

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Peoria

Project County Name

PEORIA

Project State

IL

Project Zip

61615-1505

CD

IL-16

Jobs Reported

12

NAICS Code

441228

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

130198.00

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

21372

Originating Lender

Bank of Farmington

Originating Lender City

FARMINGTON

Originating Lender State

IL

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

131155.99

Forgiveness Date

10/25/2021

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