Action Moving Services, Inc.

$404,300 PPP Loan in Burnsville, Minnesota

Loan Details

Loan Number
5389097010
Date Approved
Apr 5, 2020
Loan Status
Paid in Full
Initial Approval
$404,300
Current Approval
$404,300
Forgiveness Amount
$407,433
Forgiveness Date
Jan 20, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Action Moving Services, Inc.
Address
12400 Washburn Ave S
ZIP Code
55337-1773
Business Type
Corporation
Industry (NAICS)
Transportation and Warehousing (484210)
Business Age
Existing or more than 2 years old
Jobs Reported
34
Estimated Revenue
$8.5M
Rural/Urban
Urban
Congressional District
MN-02

Loan Use Breakdown

Payroll
$354,800
Rent
$40,000
Utilities
$9,500

Lender Information

Servicing Lender
Merchants Bank, National Association
Originating Lender
Merchants Bank, National Association

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