ACTION COUPLING AND EQUIPMENT INC DBA AC TION ACCESSORIES (OH) - 2020 PPP Loan Borrower Profile (# 2897917206)
Updated on April 18, 2025.
See below the business details and the detail of the 2020 PPP loan given to ACTION COUPLING AND EQUIPMENT INC DBA AC TION ACCESSORIES. 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 Ohio.
Loan Detail
Loan Number
2897917206
SBA Office Code
0593
Processing Method
PPP
Curent Loan Amount
$970,960
Date Loan was Approved
Apr 16, 2020
Amount Forgiven
$979,735.32
Date Loan was Forgiven
Mar 16, 2021
Loan Status
Paid in Full
Loan Term
24 Months
Utilities Proced
57,000
Payroll Proced
779,697
Mortgage Interest Proceed
0
Rent Proceed
56,600
Refinance EIDL Proceed
0
Health Care Proceed
77,663
Debt Interest Proceed
0
Lender
JPMorgan Chase Bank, National Association
Business Detail
Business Type
Subchapter S Corporation
NAICS
332996
Borrower Location
HOLMESVILLE, OH
Project Location
HOLMESVILLE, OH
Rural/Urban
Rural
Hubzone
No
Labor Market Information (LMI)
No
Jobs Reported
80
Business Age Description
Existing or more than 2 years old
Data Source: SBA.
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