# PPP loan: STAR INCORPORATED
> **$628K** approved 01/28/2021 · Exemption 4 · Loan `7945738303`
## Borrower
- **Name:** STAR INCORPORATED
- **Address:** 38W636 US Highway 20, Elgin, IL, 60124-8119
- **NAICS:** 337215
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $628K
- **Initial approval:** $628K
- **Forgiven:** $594K (94%)
- **Forgiveness date:** 05/02/2022
- **Status:** Exemption 4
- **Term:** 60 months
## Use of funds
- **Payroll:** $628K
- **Utilities:** $1
- **Jobs reported:** 40
## Lender
- **Originating:** Old Second National Bank
- **Servicing:** Old Second National Bank (IL)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*