# PPP loan: ACT TOWING LLC
> **$1.16M** approved 04/07/2020 · Paid in Full · Loan `7623097008`
## Borrower
- **Name:** ACT TOWING LLC
- **Address:** 2031 W 1st St, TEMPE, AZ, 85281-7201
- **NAICS:** 488410
- **Business type:** Limited  Liability Company(LLC)
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $1.16M
- **Initial approval:** $1.16M
- **Forgiven:** $1.17M (101%)
- **Forgiveness date:** 03/31/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $1.16M
- **Jobs reported:** 105
## Lender
- **Originating:** UMB Bank, National Association
- **Servicing:** UMB Bank, National Association (MO)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*