PPP Loan information for 5 star electric inc

$81,000

5 star electric inc was initially approved for PPP Loan of amount $81,000, the current approved amount is $81,000. The loan was approved on 04/13/2020 by The Customers Bank reported 8 jobs and $81,000 was used to fund payroll.

5 star electric inc is Existing or more than 2 years old

5 STAR ELECTRIC INC

Date Approved

04/13/2020

SBA Office Code

1086

Processing Method

PPP

Borrower Name

5 STAR ELECTRIC INC

Borrower Address

4676 Commerical St Se

Borrower City

Salem

Borrower State

OR

Borrower Zip

97302

Loan Status Date

03/17/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

81000.00

Current Approval Amount

81000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

121536

Servicing Lender Name

Customers Bank

Servicing Lender Address

40 General Warren Blvd

Servicing Lender City

Malvern

Servicing Lender State

PA

Servicing Lender Zip

19355

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Salem

Project County Name

MARION

Project State

OR

Project Zip

97302-0001

CD

OR-06

Jobs Reported

8

NAICS Code

236118

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

81000.00

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

Sole Proprietorship

Originating Lender Location Id

499141

Originating Lender

Readycap Lending, LLC

Originating Lender City

BERKELEY HEIGHTS

Originating Lender State

NJ

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

81634.68

Forgiveness Date

02/19/2021

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