Action Auto Sales, INC

$127,256 PPP Loan in Wendell, North Carolina

Loan Details

Loan Number
7586427207
Date Approved
Apr 28, 2020
Loan Status
Paid in Full
Initial Approval
$127,256
Current Approval
$127,256
Forgiveness Amount
$128,769
Forgiveness Date
Jul 7, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Action Auto Sales, INC
Address
3428 Nc Hwy 97
ZIP Code
27591-7516
Business Type
Subchapter S Corporation
Industry (NAICS)
Finance and Insurance (522220)
Business Age
Existing or more than 2 years old
Jobs Reported
13
Estimated Revenue
$6.7M
Rural/Urban
Urban
Congressional District
NC-02

Loan Use Breakdown

Payroll
$95,442
Utilities
$15,907
Mortgage Interest
$15,907

Lender Information

Servicing Lender
Benchmark Community Bank
Originating Lender
Benchmark Community Bank

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