# PPP loan: ALL STAR ELECTRIC, INC.
> **$3.15M** approved 04/12/2020 · Paid in Full · Loan `4008927100`
## Borrower
- **Name:** ALL STAR ELECTRIC, INC.
- **Address:** 1208 BERT ST, LA PLACE, LA, 70068-3073
- **NAICS:** 238210
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $3.15M
- **Initial approval:** $3.15M
- **Forgiven:** $3.19M (101%)
- **Forgiveness date:** 06/09/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $2.40M
- **Rent:** $48K
- **Utilities:** $84K
- **Health care:** $125K
- **Debt interest:** $46K
- **Jobs reported:** 343
## Lender
- **Originating:** Hancock Whitney Bank
- **Servicing:** Hancock Whitney Bank (MS)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*