PPP borrower record
ACTION ELECTRICAL CONTRACTING, INC. PPP loan record
Public SBA PPP loan record for ACTION ELECTRICAL CONTRACTING, INC.. Review approval amount, forgiveness amount, lender fields, borrower location, and source limitations.
$242,500
Approved amount
$244,320
Forgiven amount
2020-04-10
Date approved
Borrower and loan details
Borrower
ACTION ELECTRICAL CONTRACTING, INC.
Loan number
1528247108
Business type
Subchapter S Corporation
Business age
Existing or more than 2 years old
Borrower city
Des Moines
Borrower state
Iowa
Borrower ZIP
50314
Jobs reported
20
Loan status
Paid in Full
Forgiveness date
2021-01-20
Servicing lender
Iowa State Bank
Originating lender
Iowa State Bank
Reported use of proceeds
Payroll
$208,300
Rent
$10,000
Utilities
$1,000
Mortgage interest
N/A
Health care
$23,200
Debt interest
N/A
Location pages
Related directories
Source note
PPP Loan Map uses SBA public PPP records and Geocodio's geocoded PPP dataset for latitude, longitude, and Census geography. Map pins are geocoded estimates, not verified current business locations. Records are public administrative data, not legal findings.