ACTION SUPER ABRASIVE PRODUCTS, INC. (OH) - 2020 PPP Loan Borrower Profile (# 9143037001)

Updated on April 18, 2025.

See below the business details and the detail of the 2020 PPP loan given to ACTION SUPER ABRASIVE PRODUCTS, 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 Ohio.

Loan Detail

Loan Number

9143037001

SBA Office Code

0549

Processing Method

PPP

Curent Loan Amount

$279,073

Date Loan was Approved

Apr 9, 2020

Amount Forgiven

$280,698.76

Date Loan was Forgiven

Nov 12, 2020

Loan Status

Paid in Full

Loan Term

24 Months

Utilities Proced

22,908

Payroll Proced

218,205

Rent Proceed

18,750

Health Care Proceed

19,210

Lender

JPMorgan Chase Bank, National Association

Business Detail

Business Type

Subchapter S Corporation

NAICS

327910

Borrower Location

KENT, OH

Project Location

KENT, OH

Rural/Urban

Rural

Hubzone

Labor Market Information (LMI)

Jobs Reported

Business Age Description

Existing or more than 2 years old

Data Source: SBA.