# PPP loan: ACTION FABRICATING INC
> **$370K** approved 04/07/2020 · Paid in Full · Loan `6559147010`
## Borrower
- **Name:** ACTION FABRICATING INC
- **Address:** 1244 HAWK ST, DETROIT LAKES, MN, 56501-6931
- **NAICS:** 332999
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $370K
- **Initial approval:** $370K
- **Forgiven:** $372K (101%)
- **Forgiveness date:** 12/14/2020
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $370K
- **Jobs reported:** 40
## Lender
- **Originating:** Midwest Bank
- **Servicing:** Midwest Bank (MN)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*