ACTION SALES + MARKETING INC (MN) - 2020 PPP Loan Borrower Profile (# 7517117008)

Updated on April 18, 2025.

See below the business details and the detail of the 2020 PPP loan given to ACTION SALES + MARKETING 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 Minnesota.

Loan Detail

Loan Number

7517117008

SBA Office Code

0508

Processing Method

PPP

Curent Loan Amount

$379,600

Date Loan was Approved

Apr 7, 2020

Amount Forgiven

$382,626.26

Date Loan was Forgiven

Jan 20, 2021

Loan Status

Paid in Full

Loan Term

24 Months

Utilities Proced

2,917

Payroll Proced

271,074

Rent Proceed

25,083

Health Care Proceed

32,620

Debt Interest Proceed

47,906

Lender

Citizens Community Federal National Association

Business Detail

Business Type

Corporation

NAICS

423110

Borrower Location

HOPKINS, MN

Project Location

HOPKINS, MN

Rural/Urban

Urban

Hubzone

Labor Market Information (LMI)

Yes

Jobs Reported

Business Age Description

Existing or more than 2 years old

Data Source: SBA.