# PPP loan: ACTION CHECK CASHING CORP.
> **$198K** approved 02/02/2021 · Paid in Full · Loan `1724748403`
## Borrower
- **Name:** ACTION CHECK CASHING CORP.
- **Address:** 8136 Baxter Ave, Elmhurst, NY, 11373-1382
- **NAICS:** 522390
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $198K
- **Initial approval:** $198K
- **Forgiven:** $200K (101%)
- **Forgiveness date:** 03/21/2022
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $198K
- **Utilities:** $1
- **Jobs reported:** 30
## Lender
- **Originating:** Republic Bank of Chicago
- **Servicing:** Republic Bank of Chicago (IL)
---
*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*