ACTION ELECTRIC CORP (MO) - 2020 PPP Loan Borrower Profile (# 1639807102)

Updated on April 18, 2025.

See below the business details and the detail of the 2020 PPP loan given to ACTION ELECTRIC 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 Missouri.

Loan Detail

Loan Number

1639807102

SBA Office Code

0709

Processing Method

PPP

Curent Loan Amount

$348,100

Date Loan was Approved

Apr 10, 2020

Amount Forgiven

$350,875.13

Date Loan was Forgiven

Jan 26, 2021

Loan Status

Paid in Full

Loan Term

24 Months

Payroll Proced

348,100

Lender

The Nodaway Valley Bank

Business Detail

Business Type

Corporation

NAICS

238210

Borrower Location

SAINT JOSEPH, MO

Project Location

SAINT JOSEPH, MO

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.