PPP Loan information for Five star distributing inc

$892,600

Five star distributing inc was initially approved for PPP Loan of amount $892,600, the current approved amount is $892,600. The loan was approved on 04/15/2020 by The 1st Source Bank reported 109 jobs and $892,600 was used to fund payroll.

Five star distributing inc is Existing or more than 2 years old

FIVE STAR DISTRIBUTING INC

Date Approved

04/15/2020

SBA Office Code

0562

Processing Method

PPP

Borrower Name

FIVE STAR DISTRIBUTING INC

Borrower Address

4055 East Park 30 Dr

Borrower City

COLUMBIA CITY

Borrower State

IN

Borrower Zip

46725

Loan Status Date

12/17/2020

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

892600.00

Current Approval Amount

892600.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

24195

Servicing Lender Name

1st Source Bank

Servicing Lender Address

100 N Michigan St

Servicing Lender City

SOUTH BEND

Servicing Lender State

IN

Servicing Lender Zip

46601-1630

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

COLUMBIA CITY

Project County Name

WHITLEY

Project State

IN

Project Zip

46725-0001

CD

IN-03

Jobs Reported

109

NAICS Code

423110

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

892600.00

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

24195

Originating Lender

1st Source Bank

Originating Lender City

SOUTH BEND

Originating Lender State

IN

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

897782.04

Forgiveness Date

11/17/2020

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