PPP Loan information for Four star electric inc

$327,000

Four star electric inc was initially approved for PPP Loan of amount $327,000, the current approved amount is $327,000. The loan was approved on 04/30/2020 by The Itasca Bank & Trust Co. reported 11 jobs and $327,000 was used to fund payroll.

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

PPP Loan Search / IL / SCHAUMBURG / Four star electric inc

FOUR STAR ELECTRIC INC

Date Approved

04/30/2020

SBA Office Code

0507

Processing Method

PPP

Borrower Name

FOUR STAR ELECTRIC INC

Borrower Address

530 PRATT AVE

Borrower City

SCHAUMBURG

Borrower State

IL

Borrower Zip

60193-4555

Loan Status Date

09/14/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

327000.00

Current Approval Amount

327000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

21562

Servicing Lender Name

Itasca Bank & Trust Co.

Servicing Lender Address

308 W Irving Park Rd

Servicing Lender City

ITASCA

Servicing Lender State

IL

Servicing Lender Zip

60143-2038

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

SCHAUMBURG

Project County Name

COOK

Project State

IL

Project Zip

60193-4555

CD

IL-08

Jobs Reported

11

NAICS Code

238210

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1500.00

Payroll Proceed

317500.00

Mortgage Interest Proceed

0.00

Rent Proceed

8000.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Subchapter S Corporation

Originating Lender Location Id

21562

Originating Lender

Itasca Bank & Trust Co.

Originating Lender City

ITASCA

Originating Lender State

IL

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

331223.75

Forgiveness Date

08/23/2021

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