Action Manufacturing, INC
$318,160 PPP Loan in Marshall, Minnesota
Loan Details
- Loan Number
- 7387397001
- Date Approved
- Apr 7, 2020
- Loan Status
- Paid in Full
- Initial Approval
- $318,160
- Current Approval
- $318,160
- Forgiveness Amount
- $320,228
- Forgiveness Date
- Dec 4, 2020
- Term
- 24 months
- Draw
- First Draw
Business Information
- Business Name
- Action Manufacturing, INC
- Address
- 1105 Lake Street
- City
- Marshall
- State
- Minnesota
- ZIP Code
- 56258
- Business Type
- Subchapter S Corporation
- Industry (NAICS)
- Manufacturing (332999)
- Business Age
- Existing or more than 2 years old
- Jobs Reported
- 29
- Estimated Revenue
- $7.1M
- Rural/Urban
- Rural
- Congressional District
- MN-07
Loan Use Breakdown
- Payroll
- $225,548
- Rent
- $65,700
- Utilities
- $13,713
- Health Care
- $13,199
Lender Information
- Servicing Lender
- First Independent Bank
- Originating Lender
- First Independent Bank
Other PPP Loans in Marshall, MN
| Business | Approved | |
|---|---|---|
| Turkey Valley Farms INC | $3,946,400 |  Research |
| Ralco Nutrition, Inc. | $2,697,250 | Research |
| Ag Plus Cooperative | $1,426,500 | Research |
| Carlson & Stewart Refrigeration INC | $1,211,815 | Research |
| Carlson & Stewart Refrigeration, INC | $1,211,800 | Research |
Want to research this company further?
Try NewBizBot free