PPP Loan information for Star electric company inc.

$1,237,079

Star electric company inc. was initially approved for PPP Loan of amount $1,237,079, the current approved amount is $1,237,079. The loan was approved on 03/16/2021 by The Truist Bank reported 42 jobs and $1,237,079 was used to fund payroll.

Star electric company inc. is Existing or more than 2 years old

PPP Loan Search / MD / Odenton / Star electric company inc.

STAR ELECTRIC COMPANY INC.

Date Approved

03/16/2021

SBA Office Code

0373

Processing Method

PPS

Borrower Name

STAR ELECTRIC COMPANY INC.

Borrower Address

1490 Annapolis Rd

Borrower City

Odenton

Borrower State

MD

Borrower Zip

21113-1008

Loan Status Date

Loan Status

Exemption 4

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

1237079.10

Current Approval Amount

1237079.10

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

225134

Servicing Lender Name

Truist Bank

Servicing Lender Address

214 N Tryon St

Servicing Lender City

CHARLOTTE

Servicing Lender State

NC

Servicing Lender Zip

28202-1078

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Odenton

Project County Name

ANNE ARUNDEL

Project State

MD

Project Zip

21113-1008

CD

MD-05

Jobs Reported

42

NAICS Code

238210

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

1237074.10

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

225134

Originating Lender

Truist Bank

Originating Lender City

CHARLOTTE

Originating Lender State

NC

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

548678.73

Forgiveness Date

09/23/2022

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