PPP Loan information for Silverstar sound & communications inc.

$369,217

Silverstar sound & communications inc. was initially approved for PPP Loan of amount $147,687, the current approved amount is $369,217. The loan was approved on 05/01/2020 by The U.S. Bank, National Association reported 15 jobs and $369,217 was used to fund payroll.

Silverstar sound & communications inc. is New Business or 2 years or less

SILVERSTAR SOUND & COMMUNICATIONS INC.

Date Approved

05/01/2020

SBA Office Code

0920

Processing Method

PPP

Borrower Name

SILVERSTAR SOUND & COMMUNICATIONS INC.

Borrower Address

711 WEST 17TH ST.

Borrower City

COSTA MESA

Borrower State

CA

Borrower Zip

92627-0001

Loan Status Date

Loan Status

Exemption 4

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

147687.00

Current Approval Amount

369217.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

53803

Servicing Lender Name

U.S. Bank, National Association

Servicing Lender Address

425 Walnut St

Servicing Lender City

CINCINNATI

Servicing Lender State

OH

Servicing Lender Zip

45202-3956

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

New Business or 2 years or less

Project City

COSTA MESA

Project County Name

ORANGE

Project State

CA

Project Zip

92627-0001

CD

CA-47

Jobs Reported

15

NAICS Code

811219

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

369217.00

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

53803

Originating Lender

U.S. Bank, National Association

Originating Lender City

CINCINNATI

Originating Lender State

OH

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

272554.44

Forgiveness Date

06/07/2023

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