Four Star Electric INC

$327,000 PPP Loan in Schaumburg, Illinois

Loan Details

Loan Number
6748617302
Date Approved
Apr 30, 2020
Loan Status
Paid in Full
Initial Approval
$327,000
Current Approval
$327,000
Forgiveness Amount
$331,224
Forgiveness Date
Aug 23, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Four Star Electric INC
Address
530 Pratt Ave
ZIP Code
60193-4555
Business Type
Subchapter S Corporation
Industry (NAICS)
Construction (238210)
Business Age
Existing or more than 2 years old
Jobs Reported
11
Estimated Revenue
<$5M
Rural/Urban
Urban
Congressional District
IL-08

Loan Use Breakdown

Payroll
$317,500
Rent
$8,000
Utilities
$1,500

Lender Information

Servicing Lender
Itasca Bank & Trust Co.
Originating Lender
Itasca Bank & Trust Co.

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