# PPP loan: STARR MOTORS INC
> **$561K** approved 04/06/2020 · Paid in Full · Loan `6106697008`
## Borrower
- **Name:** STARR MOTORS INC
- **Address:** 2584 Pruden Blvd, SUFFOLK, VA, 23434-4229
- **NAICS:** 441110
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $561K
- **Initial approval:** $561K
- **Forgiven:** $566K (101%)
- **Forgiveness date:** 01/20/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $421K
- **Rent:** $140K
- **Jobs reported:** 50
## Lender
- **Originating:** TowneBank
- **Servicing:** TowneBank (VA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*