5 STAR SOUTH AUTO TRANSPORT INC. (TN) - 2020 PPP Loan Borrower Profile (# 3240768608)

Updated on April 18, 2025.

See below the business details and the detail of the 2020 PPP loan given to 5 STAR SOUTH AUTO TRANSPORT 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 Tennessee.

Loan Detail

Loan Number

3240768608

SBA Office Code

0474

Processing Method

PPS

Curent Loan Amount

$239,000

Date Loan was Approved

Mar 16, 2021

Amount Forgiven

Date Loan was Forgiven

Loan Status

Charged Off

Loan Term

41 Months

Utilities Proced

Payroll Proced

238,996

Lender

Truist Bank

Business Detail

Business Type

Subchapter S Corporation

NAICS

484121

Borrower Location

Midway, TN

Project Location

Midway, TN

Rural/Urban

Rural

Hubzone

Yes

Labor Market Information (LMI)

Jobs Reported

Business Age Description

Existing or more than 2 years old

Data Source: SBA.