ACTION FINANCE CORP (MS) - 2020 PPP Loan Borrower Profile (# 1700217102)

Updated on April 18, 2025.

See below the business details and the detail of the 2020 PPP loan given to ACTION FINANCE CORP. 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 Mississippi.

Loan Detail

Loan Number

1700217102

SBA Office Code

0470

Processing Method

PPP

Curent Loan Amount

$29,559

Date Loan was Approved

Apr 10, 2020

Amount Forgiven

Date Loan was Forgiven

Loan Status

Exemption 4

Loan Term

1 Months

Utilities Proced

2,955.9

Payroll Proced

23,647.2

Mortgage Interest Proceed

2,955.9

Lender

The Citizens National Bank of Meridian

Business Detail

Business Type

Subchapter S Corporation

NAICS

522291

Borrower Location

MERIDIAN, MS

Project Location

MERIDIAN, MS

Rural/Urban

Rural

Hubzone

Yes

Labor Market Information (LMI)

Yes

Jobs Reported

Business Age Description

Existing or more than 2 years old

Data Source: SBA.