Action Development Corporation

$440,500 PPP Loan in Springfield, Illinois

Loan Details

Loan Number
6810097009
Date Approved
Apr 7, 2020
Loan Status
Paid in Full
Initial Approval
$440,500
Current Approval
$440,500
Forgiveness Amount
$444,954
Forgiveness Date
Apr 14, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Action Development Corporation
Address
2600 Market Place
ZIP Code
62702
Business Type
Corporation
Industry (NAICS)
Real Estate and Rental and Leasing (532210)
Business Age
Existing or more than 2 years old
Jobs Reported
50
Estimated Revenue
$22.6M
Rural/Urban
Urban
Congressional District
IL-15

Loan Use Breakdown

Payroll
$330,750
Rent
$54,875
Utilities
$54,875

Lender Information

Servicing Lender
First Mid Bank & Trust, National Association
Originating Lender
First Mid Bank & Trust, National Association

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