# PPP loan: ACTION ELECTRONICS INC
> **$187K** approved 01/23/2021 · Paid in Full · Loan `4953918305`
## Borrower
- **Name:** ACTION ELECTRONICS INC
- **Address:** 25 Walpole Park S Ste 9, Walpole, MA, 02081-2522
- **NAICS:** 423690
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $187K
- **Initial approval:** $187K
- **Forgiven:** $190K (101%)
- **Forgiveness date:** 05/05/2022
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $187K
- **Utilities:** $1
- **Jobs reported:** 13
## Lender
- **Originating:** Walpole Co-Operative Bank
- **Servicing:** Walpole Co-Operative Bank (MA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*