All Star Electric, Inc.

$3,151,000 PPP Loan in La Place, Louisiana

Loan Details

Loan Number
4008927100
Date Approved
Apr 12, 2020
Loan Status
Paid in Full
Initial Approval
$3,151,000
Current Approval
$3,151,000
Forgiveness Amount
$3,187,762
Forgiveness Date
Jun 9, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
All Star Electric, Inc.
Address
1208 Bert St
ZIP Code
70068-3073
Business Type
Subchapter S Corporation
Industry (NAICS)
Construction (238210)
Business Age
Existing or more than 2 years old
Jobs Reported
343
Estimated Revenue
$112.8M
Rural/Urban
Urban
Congressional District
LA-02

Loan Use Breakdown

Payroll
$2,396,200
Rent
$47,500
Utilities
$84,000
Health Care
$124,700
Debt Interest
$46,100
Refinance EIDL
$452,500

Lender Information

Servicing Lender
Hancock Whitney Bank
Originating Lender
Hancock Whitney Bank

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