ACTION INDUSTRIES INC (LA) - 2020 PPP Loan Borrower Profile (# 7563028405)

Updated on April 18, 2025.

See below the business details and the detail of the 2020 PPP loan given to ACTION INDUSTRIES 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 Louisiana.

Loan Detail

Loan Number

7563028405

SBA Office Code

0679

Processing Method

PPS

Curent Loan Amount

$1,313,842.5

Date Loan was Approved

Feb 12, 2021

Amount Forgiven

$1,325,740.07

Date Loan was Forgiven

Jan 12, 2022

Loan Status

Paid in Full

Loan Term

60 Months

Utilities Proced

Payroll Proced

1,313,839.5

Lender

The First Bank

Business Detail

Business Type

Subchapter S Corporation

NAICS

238990

Borrower Location

Belle Rose, LA

Project Location

Belle Rose, LA

Rural/Urban

Rural

Hubzone

Yes

Labor Market Information (LMI)

Jobs Reported

Business Age Description

Existing or more than 2 years old

Data Source: SBA.