PPP Loan information for Star electric inc

$1,440,100

Star electric inc was initially approved for PPP Loan of amount $1,440,100, the current approved amount is $1,440,100. The loan was approved on 05/04/2020 by The Tustin Community Bank reported 10 jobs and $1,440,100 was used to fund payroll.

Star electric inc is Existing or more than 2 years old

STAR ELECTRIC INC

Date Approved

05/04/2020

SBA Office Code

0920

Processing Method

PPP

Borrower Name

STAR ELECTRIC INC

Borrower Address

1344 E Valencia Dr

Borrower City

FULLERTON

Borrower State

CA

Borrower Zip

92831-4758

Loan Status Date

06/12/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

1440100.00

Current Approval Amount

1440100.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

110319

Servicing Lender Name

Tustin Community Bank

Servicing Lender Address

13891 Newport Ave, Ste 100

Servicing Lender City

TUSTIN

Servicing Lender State

CA

Servicing Lender Zip

92780-7801

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

FULLERTON

Project County Name

ORANGE

Project State

CA

Project Zip

92831-4758

CD

CA-46

Jobs Reported

10

NAICS Code

238210

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

7000.00

Payroll Proceed

1316400.00

Mortgage Interest Proceed

0.00

Rent Proceed

19200.00

Refinance EIDL Proceed

0.00

Health Care Proceed

97500.00

Debt Interest Proceed

0

Business Type

Corporation

Originating Lender Location Id

110319

Originating Lender

Tustin Community Bank

Originating Lender City

TUSTIN

Originating Lender State

CA

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

1455341.06

Forgiveness Date

05/21/2021

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