PPP Loan information for Stellar industries inc

$6,288,800

Stellar industries inc was initially approved for PPP Loan of amount $6,288,800, the current approved amount is $6,288,800. The loan was approved on 04/15/2020 by The Clear Lake Bank & Trust Company reported 500 jobs and $6,288,800 was used to fund payroll.

Stellar industries inc is Existing or more than 2 years old

PPP Loan Search / IA / GARNER / Stellar industries inc

STELLAR INDUSTRIES INC

Date Approved

04/15/2020

SBA Office Code

0761

Processing Method

PPP

Borrower Name

STELLAR INDUSTRIES INC

Borrower Address

190 State Street

Borrower City

GARNER

Borrower State

IA

Borrower Zip

50438-1120

Loan Status Date

07/07/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

6288800.00

Current Approval Amount

6288800.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

24776

Servicing Lender Name

Clear Lake Bank & Trust Company

Servicing Lender Address

322 Main Ave

Servicing Lender City

CLEAR LAKE

Servicing Lender State

IA

Servicing Lender Zip

50428-1825

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

GARNER

Project County Name

HANCOCK

Project State

IA

Project Zip

50438-1120

CD

IA-04

Jobs Reported

500

NAICS Code

336111

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

200000.00

Payroll Proceed

5273800.00

Mortgage Interest Proceed

0.00

Rent Proceed

50000.00

Refinance EIDL Proceed

0.00

Health Care Proceed

700000.00

Debt Interest Proceed

65000

Business Type

Employee Stock Ownership Plan(ESOP)

Originating Lender Location Id

24776

Originating Lender

Clear Lake Bank & Trust Company

Originating Lender City

CLEAR LAKE

Originating Lender State

IA

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

6361295.89

Forgiveness Date

06/11/2021

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