ACTION WOOD TECHNOLOGIES INC. (MI) - 2020 PPP Loan Borrower Profile (# 3972798307)

Updated on April 18, 2025.

See below the business details and the detail of the 2020 PPP loan given to ACTION WOOD TECHNOLOGIES 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

3972798307

SBA Office Code

0515

Processing Method

PPS

Curent Loan Amount

$393,332

Date Loan was Approved

Jan 22, 2021

Amount Forgiven

$396,694.18

Date Loan was Forgiven

Dec 8, 2021

Loan Status

Paid in Full

Loan Term

60 Months

Utilities Proced

Payroll Proced

393,330

Lender

Chelsea State Bank

Business Detail

Business Type

Corporation

NAICS

321920

Borrower Location

Clinton Township, MI

Project Location

Clinton Township, MI

Rural/Urban

Urban

Hubzone

Yes

Labor Market Information (LMI)

Yes

Jobs Reported

Business Age Description

Existing or more than 2 years old

Data Source: SBA.