PPP Loan information for Five star electric motors inc.

$453,183

Five star electric motors inc. was initially approved for PPP Loan of amount $447,177, the current approved amount is $453,183. The loan was approved on 02/25/2021 by The Broadway National Bank reported 28 jobs and $453,183 was used to fund payroll.

Five star electric motors inc. is Existing or more than 2 years old

FIVE STAR ELECTRIC MOTORS INC.

Date Approved

02/25/2021

SBA Office Code

0681

Processing Method

PPS

Borrower Name

FIVE STAR ELECTRIC MOTORS INC.

Borrower Address

11135 Iota Dr

Borrower City

San Antonio

Borrower State

TX

Borrower Zip

78217-2611

Loan Status Date

08/07/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

447177.00

Current Approval Amount

453183.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

71727

Servicing Lender Name

Broadway National Bank

Servicing Lender Address

1177 NE Loop 410

Servicing Lender City

SAN ANTONIO

Servicing Lender State

TX

Servicing Lender Zip

78209-1517

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

San Antonio

Project County Name

BEXAR

Project State

TX

Project Zip

78217-2611

CD

TX-35

Jobs Reported

28

NAICS Code

423610

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

453183.00

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

Corporation

Originating Lender Location Id

71727

Originating Lender

Broadway National Bank

Originating Lender City

SAN ANTONIO

Originating Lender State

TX

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

454819.49

Forgiveness Date

07/13/2021

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