# PPP loan: STAR MANAGEMENT, INC.
> **$160K** approved 04/10/2020 · Paid in Full · Loan `1961827106`
## Borrower
- **Name:** STAR MANAGEMENT, INC.
- **Address:** 1555 S MAIN ST, CHELSEA, MI, 48118-1433
- **NAICS:** 722511
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $160K
- **Initial approval:** $160K
- **Forgiven:** $162K (101%)
- **Forgiveness date:** 07/13/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $120K
- **Utilities:** $40K
- **Jobs reported:** 40
## Lender
- **Originating:** Chelsea State Bank
- **Servicing:** Chelsea State Bank (MI)
---
*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*