# PPP loan: TRI-STAR INDUSTRIAL EQUIPMENT CO INC
> **$591K** approved 01/27/2021 · Paid in Full · Loan `7042488310`
## Borrower
- **Name:** TRI-STAR INDUSTRIAL EQUIPMENT CO INC
- **Address:** 1553 Bartlett Rd, Memphis, TN, 38134-7106
- **NAICS:** 811310
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $591K
- **Initial approval:** $591K
- **Forgiven:** $594K (101%)
- **Forgiveness date:** 09/14/2021
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $591K
- **Jobs reported:** 49
## Lender
- **Originating:** Regions Bank
- **Servicing:** Regions Bank (AL)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*