# PPP loan: ACTION MATERIALS, INC.
> **$616K** approved 04/29/2020 · Paid in Full · Loan `4071027300`
## Borrower
- **Name:** ACTION MATERIALS, INC.
- **Address:** 10710 S. Cheney Spokane Rd., CHENEY, WA, 99004-9527
- **NAICS:** 212321
- **Business type:** Subchapter S Corporation
- **Business age:** Unanswered
## Loan
- **Approval amount:** $616K
- **Initial approval:** $616K
- **Forgiven:** $621K (101%)
- **Forgiveness date:** 02/24/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $616K
- **Jobs reported:** 55
## Lender
- **Originating:** Washington Trust Bank
- **Servicing:** Washington Trust Bank (WA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*