PPP Loan information for Star motors inc

$86,209

Star motors inc was initially approved for PPP Loan of amount $89,269, the current approved amount is $86,209. The loan was approved on 04/10/2020 by The Sterling State Bank reported 15 jobs and $86,209 was used to fund payroll.

Star motors inc is Existing or more than 2 years old

PPP Loan Search / MN / ROCHESTER / Star motors inc

STAR MOTORS INC

Date Approved

04/10/2020

SBA Office Code

0508

Processing Method

PPP

Borrower Name

STAR MOTORS INC

Borrower Address

5323 HIGHWAY 52 S

Borrower City

ROCHESTER

Borrower State

MN

Borrower Zip

55904-6326

Loan Status Date

01/16/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

89268.55

Current Approval Amount

86209.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

36611

Servicing Lender Name

Sterling State Bank

Servicing Lender Address

1419 1st Ave SW

Servicing Lender City

AUSTIN

Servicing Lender State

MN

Servicing Lender Zip

55912-1603

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

ROCHESTER

Project County Name

OLMSTED

Project State

MN

Project Zip

55904-6326

CD

MN-01

Jobs Reported

15

NAICS Code

423930

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

86209.00

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

36611

Originating Lender

Sterling State Bank

Originating Lender City

AUSTIN

Originating Lender State

MN

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

86814.86

Forgiveness Date

12/28/2020

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