Tri-Star Electric Corp.

$375,000 PPP Loan in Malibu, California

Loan Details

Loan Number
1281477703
Date Approved
May 1, 2020
Loan Status
Paid in Full
Initial Approval
$375,000
Current Approval
$375,000
Forgiveness Amount
$379,461
Forgiveness Date
Jul 13, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Tri-Star Electric Corp.
Address
30745 Pacific Coast Hwy 171
City
Malibu
ZIP Code
90265
Business Type
Subchapter S Corporation
Industry (NAICS)
Construction (238210)
Business Age
Existing or more than 2 years old
Jobs Reported
150
Estimated Revenue
$49.4M
Rural/Urban
Urban
Congressional District
CA-32

Loan Use Breakdown

Payroll
$253,000
Rent
$60,000
Utilities
$6,000
Health Care
$48,000
Debt Interest
$8,000

Lender Information

Servicing Lender
Jpmorgan Chase Bank, National Association
Originating Lender
Jpmorgan Chase Bank, National Association

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