BIG STAR OF RUSSELLVILLE, INC. (AL) - 2020 PPP Loan Borrower Profile (# 5580847008)

Updated on April 18, 2025.

See below the business details and the detail of the 2020 PPP loan given to BIG STAR OF RUSSELLVILLE, INC.. The Paycheck Protection Program (PPP) loan was intended to provide incentives for small businesses to keep their workers on payroll.

You can see similar information for other borrowers in Alabama.

Loan Detail

Loan Number

5580847008

SBA Office Code

0459

Processing Method

PPP

Curent Loan Amount

$102,892

Date Loan was Approved

Apr 5, 2020

Amount Forgiven

$103,632.25

Date Loan was Forgiven

Dec 31, 2020

Loan Status

Paid in Full

Loan Term

24 Months

Utilities Proced

10,289.2

Payroll Proced

82,313.6

Rent Proceed

5,000

Debt Interest Proceed

5,289.2

Lender

Community Spirit Bank

Business Detail

Business Type

Corporation

NAICS

445110

Borrower Location

RUSSELLVILLE, AL

Project Location

RUSSELLVILLE, AL

Rural/Urban

Rural

Hubzone

Yes

Labor Market Information (LMI)

Jobs Reported

Business Age Description

Existing or more than 2 years old

Data Source: SBA.