PPP Loan information for Starr motors inc

$561,300

Starr motors inc was initially approved for PPP Loan of amount $561,300, the current approved amount is $561,300. The loan was approved on 04/06/2020 by The TowneBank reported 50 jobs and $561,300 was used to fund payroll.

Starr motors inc is Existing or more than 2 years old

PPP Loan Search / VA / SUFFOLK / Starr motors inc

STARR MOTORS INC

Date Approved

04/06/2020

SBA Office Code

0304

Processing Method

PPP

Borrower Name

STARR MOTORS INC

Borrower Address

2584 Pruden Blvd

Borrower City

SUFFOLK

Borrower State

VA

Borrower Zip

23434-4229

Loan Status Date

02/19/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

561300.00

Current Approval Amount

561300.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

123548

Servicing Lender Name

TowneBank

Servicing Lender Address

5716 High St West

Servicing Lender City

PORTSMOUTH

Servicing Lender State

VA

Servicing Lender Zip

23703-4502

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

SUFFOLK

Project County Name

SUFFOLK CITY

Project State

VA

Project Zip

23434-4229

CD

VA-02

Jobs Reported

50

NAICS Code

441110

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

420975.00

Mortgage Interest Proceed

0.00

Rent Proceed

140325.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Corporation

Originating Lender Location Id

123548

Originating Lender

TowneBank

Originating Lender City

PORTSMOUTH

Originating Lender State

VA

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

565728.03

Forgiveness Date

01/20/2021

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