PPP Loan information for Star sales & distributing corp.

$619,800

Star sales & distributing corp. was initially approved for PPP Loan of amount $794,000, the current approved amount is $619,800. The loan was approved on 04/08/2020 by The Salem Five Cents Savings Bank reported 56 jobs and $619,800 was used to fund payroll.

Star sales & distributing corp. is Existing or more than 2 years old

PPP Loan Search / MA / WOBURN / Star sales & distributing corp.

STAR SALES & DISTRIBUTING CORP.

Date Approved

04/08/2020

SBA Office Code

0101

Processing Method

PPP

Borrower Name

STAR SALES & DISTRIBUTING CORP.

Borrower Address

29 COMMERCE WAY

Borrower City

WOBURN

Borrower State

MA

Borrower Zip

01801-1005

Loan Status Date

03/31/2022

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

794000.00

Current Approval Amount

619800.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

33304

Servicing Lender Name

Salem Five Cents Savings Bank

Servicing Lender Address

210 Essex St

Servicing Lender City

SALEM

Servicing Lender State

MA

Servicing Lender Zip

01970-3705

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

WOBURN

Project County Name

MIDDLESEX

Project State

MA

Project Zip

01801-1005

CD

MA-05

Jobs Reported

56

NAICS Code

423390

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

619800.00

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

Subchapter S Corporation

Originating Lender Location Id

33304

Originating Lender

Salem Five Cents Savings Bank

Originating Lender City

SALEM

Originating Lender State

MA

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

625051.08

Forgiveness Date

02/18/2021

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