5 STAR AUTOMOTIVE INC (TX) - 2020 PPP Loan Borrower Profile (# 9905397001)
Updated on April 18, 2025.
See below the business details and the detail of the 2020 PPP loan given to 5 STAR AUTOMOTIVE 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 Texas.
Loan Detail
Loan Number
9905397001
SBA Office Code
0681
Processing Method
PPP
Curent Loan Amount
$78,905
Date Loan was Approved
Apr 9, 2020
Amount Forgiven
$79,740.08
Date Loan was Forgiven
May 10, 2021
Loan Status
Paid in Full
Loan Term
24 Months
Utilities Proced
1
Payroll Proced
78,902
Mortgage Interest Proceed
1
Rent Proceed
1
Lender
Texas Partners Bank
Business Detail
Business Type
Corporation
NAICS
811111
Borrower Location
Bandera, TX
Project Location
Bandera, TX
Rural/Urban
Rural
Hubzone
No
Labor Market Information (LMI)
No
Jobs Reported
9
Business Age Description
Existing or more than 2 years old
Data Source: SBA.
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