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Action Industrial Supply Co.

$915,500 PPP Loan in Muskegon, Michigan

Loan Details

Loan Number
4608957004
Date Approved
Apr 4, 2020
Loan Status
Paid in Full
Initial Approval
$915,500
Current Approval
$915,500
Forgiveness Amount
$924,153
Forgiveness Date
Mar 25, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Action Industrial Supply Co.
Address
2400 Olthoff Dr.
City
Muskegon
State
Michigan
ZIP Code
49444-2648
Business Type
Corporation
Industry (NAICS)
Wholesale Trade (423840)
Business Age
New Business or 2 years or less
Jobs Reported
77
Estimated Revenue
$23.6M
Rural/Urban
Urban
Congressional District
MI-03

Loan Use Breakdown

Payroll
$915,500

Lender Information

Servicing Lender
Choiceone Bank
Originating Lender
Community Shores Bank, a Division of

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