PPP Loan information for All star electric inc

$2,000,000

All star electric inc was initially approved for PPP Loan of amount $2,000,000, the current approved amount is $2,000,000. The loan was approved on 03/12/2021 by The Hancock Whitney Bank reported 294 jobs and $2,000,000 was used to fund payroll.

All star electric inc is Existing or more than 2 years old

ALL STAR ELECTRIC INC

Date Approved

03/12/2021

SBA Office Code

0679

Processing Method

PPS

Borrower Name

ALL STAR ELECTRIC INC

Borrower Address

1032 Bert St

Borrower City

La Place

Borrower State

LA

Borrower Zip

70068-5312

Loan Status Date

04/08/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

2000000.00

Current Approval Amount

2000000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

39232

Servicing Lender Name

Hancock Whitney Bank

Servicing Lender Address

2510 14th St One Hancock Plz

Servicing Lender City

GULFPORT

Servicing Lender State

MS

Servicing Lender Zip

39501

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

La Place

Project County Name

ST JOHN THE BAPTIST

Project State

LA

Project Zip

70068-5312

CD

LA-02

Jobs Reported

294

NAICS Code

238210

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

1999994.00

Mortgage Interest Proceed

0.00

Rent Proceed

0.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Subchapter S Corporation

Originating Lender Location Id

39232

Originating Lender

Hancock Whitney Bank

Originating Lender City

GULFPORT

Originating Lender State

MS

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

2020055.56

Forgiveness Date

03/14/2022

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