Stellar Industries INC
$6,288,800 PPP Loan in Garner, Iowa
Loan Details
- Loan Number
- 1347427202
- Date Approved
- Apr 15, 2020
- Loan Status
- Paid in Full
- Initial Approval
- $6,288,800
- Current Approval
- $6,288,800
- Forgiveness Amount
- $6,361,296
- Forgiveness Date
- Jun 11, 2021
- Term
- 24 months
- Draw
- First Draw
Business Information
- Business Name
- Stellar Industries INC
- Address
- 190 State Street
- City
- Garner
- State
- Iowa
- ZIP Code
- 50438-1120
- Business Type
- Employee Stock Ownership Plan(esop)
- Industry (NAICS)
- Manufacturing (336111)
- Business Age
- Existing or more than 2 years old
- Jobs Reported
- 500
- Estimated Revenue
- $130.9M
- Rural/Urban
- Rural
- Congressional District
- IA-04
Loan Use Breakdown
- Payroll
- $5,273,800
- Rent
- $50,000
- Utilities
- $200,000
- Health Care
- $700,000
- Debt Interest
- $65,000
Lender Information
- Servicing Lender
- Clear Lake Bank & Trust Company
- Originating Lender
- Clear Lake Bank & Trust Company
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|---|---|---|
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