Action Oil Recovery, INC

$168,200 PPP Loan in Abbeville, Louisiana

Loan Details

Loan Number
5730657006
Date Approved
Apr 6, 2020
Loan Status
Paid in Full
Initial Approval
$168,200
Current Approval
$168,200
Forgiveness Amount
$169,153
Forgiveness Date
Nov 5, 2020
Term
24 months
Draw
First Draw

Business Information

Business Name
Action Oil Recovery, INC
Address
18101 W. La Hwy 330
ZIP Code
70510-7743
Business Type
Corporation
Industry (NAICS)
Manufacturing (324191)
Business Age
Existing or more than 2 years old
Jobs Reported
10
Estimated Revenue
$9.9M
Rural/Urban
Rural
Congressional District
LA-03

Loan Use Breakdown

Payroll
$134,634
Rent
$29,566
Utilities
$4,000

Lender Information

Servicing Lender
Bank of Erath
Originating Lender
Bank of Erath

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