ACTION TRANSMISSION & AUTOMOTIVE (IL) - 2020 PPP Loan Borrower Profile (# 1663477208)

Updated on April 18, 2025.

See below the business details and the detail of the 2020 PPP loan given to ACTION TRANSMISSION & AUTOMOTIVE. The Paycheck Protection Program (PPP) loan was intended to provide incentives for small businesses to keep their workers on payroll.

You can see similar information for other borrowers in Illinois.

Loan Detail

Loan Number

1663477208

SBA Office Code

0507

Processing Method

PPP

Curent Loan Amount

$28,000

Date Loan was Approved

Apr 15, 2020

Amount Forgiven

$28,340.67

Date Loan was Forgiven

Jul 8, 2021

Loan Status

Paid in Full

Loan Term

24 Months

Payroll Proced

22,000

Rent Proceed

6,000

Lender

Forest Park National Bank and Trust Company

Business Detail

Business Type

Corporation

NAICS

811111

Borrower Location

FOREST PARK, IL

Project Location

Forest Park, IL

Rural/Urban

Urban

Hubzone

Labor Market Information (LMI)

Jobs Reported

Business Age Description

Existing or more than 2 years old

Data Source: SBA.