# PPP loan: FOUR STAR ELECTRIC INC
> **$327K** approved 04/30/2020 · Paid in Full · Loan `6748617302`
## Borrower
- **Name:** FOUR STAR ELECTRIC INC
- **Address:** 530 PRATT AVE, SCHAUMBURG, IL, 60193-4555
- **NAICS:** 238210
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $327K
- **Initial approval:** $327K
- **Forgiven:** $331K (101%)
- **Forgiveness date:** 08/23/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $318K
- **Rent:** $8K
- **Utilities:** $2K
- **Jobs reported:** 11
## Lender
- **Originating:** Itasca Bank & Trust Co.
- **Servicing:** Itasca Bank & Trust Co. (IL)
---
*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*