ACT RESOURCES INC (IN) - 2020 PPP Loan Borrower Profile (# 1501878410)

Updated on April 18, 2025.

See below the business details and the detail of the 2020 PPP loan given to ACT RESOURCES INC. 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 Indiana.

Loan Detail

Loan Number

1501878410

SBA Office Code

0562

Processing Method

PPS

Curent Loan Amount

$504,000

Date Loan was Approved

Feb 2, 2021

Amount Forgiven

$507,396.82

Date Loan was Forgiven

Oct 8, 2021

Loan Status

Paid in Full

Loan Term

60 Months

Payroll Proced

504,000

Lender

First Federal Savings Bank

Business Detail

Business Type

Subchapter S Corporation

NAICS

561311

Borrower Location

Evansville, IN

Project Location

Evansville, IN

Rural/Urban

Urban

Hubzone

Labor Market Information (LMI)

Jobs Reported

Business Age Description

Existing or more than 2 years old

Data Source: SBA.