PPP Loan information for Star textile inc

$307,482

Star textile inc was initially approved for PPP Loan of amount $225,000, the current approved amount is $307,482. The loan was approved on 01/21/2021 by The Superior National Bank reported 29 jobs and $307,482 was used to fund payroll.

Star textile inc is Existing or more than 2 years old

STAR TEXTILE INC

Date Approved

01/21/2021

SBA Office Code

0515

Processing Method

PPS

Borrower Name

STAR TEXTILE INC

Borrower Address

1000 Tech Row

Borrower City

Madison Heights

Borrower State

MI

Borrower Zip

48071-4679

Loan Status Date

02/10/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

225000.00

Current Approval Amount

307482.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

35292

Servicing Lender Name

Superior National Bank

Servicing Lender Address

235 Quincy St

Servicing Lender City

HANCOCK

Servicing Lender State

MI

Servicing Lender Zip

49930-1816

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Madison Heights

Project County Name

OAKLAND

Project State

MI

Project Zip

48071-4679

CD

MI-11

Jobs Reported

29

NAICS Code

314120

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

307480.00

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

35292

Originating Lender

Superior National Bank

Originating Lender City

HANCOCK

Originating Lender State

MI

Gender

Female Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

309562.77

Forgiveness Date

10/18/2021

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