ACTION TOOL & MACHINE, INC. (MI) - 2020 PPP Loan Borrower Profile (# 4413517208)
Updated on April 18, 2025.
See below the business details and the detail of the 2020 PPP loan given to ACTION TOOL & MACHINE, 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 Michigan.
Loan Detail
Loan Number
4413517208
SBA Office Code
0515
Processing Method
PPP
Curent Loan Amount
$323,245
Date Loan was Approved
Apr 27, 2020
Amount Forgiven
$326,387.66
Date Loan was Forgiven
Apr 15, 2021
Loan Status
Paid in Full
Loan Term
24 Months
Payroll Proced
323,245
Lender
Financial Plus CU
Business Detail
Business Type
Corporation
NAICS
332710
Borrower Location
Brighton, MI
Project Location
Brighton, MI
Rural/Urban
Rural
Hubzone
No
Labor Market Information (LMI)
No
Jobs Reported
25
Business Age Description
New Business or 2 years or less
Data Source: SBA.
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