ACTION ELECTRIC, INC (OK) - 2020 PPP Loan Borrower Profile (# 6002057010)

Updated on April 18, 2025.

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

Loan Detail

Loan Number

6002057010

SBA Office Code

0680

Processing Method

PPP

Curent Loan Amount

$26,250

Date Loan was Approved

Apr 6, 2020

Amount Forgiven

$26,400.94

Date Loan was Forgiven

Nov 5, 2020

Loan Status

Paid in Full

Loan Term

24 Months

Payroll Proced

26,250

Lender

Citizens Bank of Ada

Business Detail

Business Type

Corporation

NAICS

238210

Borrower Location

ADA, OK

Project Location

ADA, OK

Rural/Urban

Rural

Hubzone

Yes

Labor Market Information (LMI)

Jobs Reported

Business Age Description

Existing or more than 2 years old

Data Source: SBA.