This loan was approved on 4/15/2020 and has been fully dispersed.
Action Enterprise Holdings LLC
204 20th St N Birmingham, AL 35203-3610
Action Enterprise Holdings LLC is a Specialized Freight (except Used Goods) Trucking, Local Limited Liability Company(LLC) located at 204 20th St N Birmingham, AL 35203-3610 with 499 employees.
During round 1 of the paycheck protection program, Action Enterprise Holdings LLC requested a PPP loan for $10,000,000.00. They were approved on 4/15/2020 by the SBA for an amount of $10,000,000.00. The loan was facillitated by Regions Bank. Of the approved amount, Action Enterprise Holdings LLC has received 100% of the approved amount.
According to the Philadelphia Business Journal, the owner of a Philadelphia construction company is facing fraud charges for allegedly falsifying information on a Paycheck Protection Program loan application in order to obtain nearly $1 million, which he used to purchase a variety of big-ticket items, including a new house in Florida.
A Cattaraugus County man with prior felony fraud convictions and an Oklahoma woman have been charged with bank fraud and other crimes in connection with what federal prosecutors describe as an illegal scheme to obtain nearly $1 million through the federal government's Covid-19 relief Paycheck Protection Program.
The deadline for when the SBA will stop accepting PPP loans is rapidly approaching.