Action Sports, INC

$278,709 PPP Loan in Marshall, Minnesota

Loan Details

Loan Number
7393797010
Date Approved
Apr 7, 2020
Loan Status
Paid in Full
Initial Approval
$278,709
Current Approval
$278,709
Forgiveness Amount
$280,946
Forgiveness Date
Jan 28, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Action Sports, INC
Address
301 S Hwy 23
ZIP Code
56258
Business Type
Subchapter S Corporation
Industry (NAICS)
Retail Trade (441210)
Franchise
Polaris - Dealer Agreement
Business Age
Existing or more than 2 years old
Jobs Reported
25
Estimated Revenue
$6.5M
Rural/Urban
Rural
Congressional District
MN-07

Loan Use Breakdown

Payroll
$235,423
Rent
$36,000
Utilities
$2,064
Health Care
$5,222

Lender Information

Servicing Lender
First Independent Bank
Originating Lender
First Independent Bank

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