# PPP loan: TECHSTAR ELECTRONICS, INC.
> **$174K** approved 04/15/2020 · Paid in Full · Loan `1022047208`
## Borrower
- **Name:** TECHSTAR ELECTRONICS, INC.
- **Address:** 10850 NW 27TH ST, DORAL, FL, 33172-5906
- **NAICS:** 423610
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $174K
- **Initial approval:** $174K
- **Forgiven:** $175K (101%)
- **Forgiveness date:** 11/03/2020
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $156K
- **Mortgage interest:** $2K
- **Utilities:** $3K
- **Health care:** $12K
- **Jobs reported:** 11
## Lender
- **Originating:** Amerant Bank, National Association
- **Servicing:** Amerant Bank, National Association (FL)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*