5 STAR PAYMENT SOLUTIONS LLC (MI) - 2020 PPP Loan Borrower Profile (# 4048007808)

Updated on April 18, 2025.

See below the business details and the detail of the 2020 PPP loan given to 5 STAR PAYMENT SOLUTIONS LLC. The Paycheck Protection Program (PPP) loan was intended to provide incentives for small businesses to keep their workers on payroll.

You can see similar information for other borrowers in Michigan.

Loan Detail

Loan Number
4048007808
SBA Office Code
0515
Processing Method
PPP
Curent Loan Amount
$8,000
Date Loan was Approved
May 27, 2020
Amount Forgiven
$8,133.26
Date Loan was Forgiven
Jan 26, 2022
Loan Status
Paid in Full
Loan Term
24 Months
Payroll Proced
8,000
Lender
Cross River Bank

Business Detail

Business Type
Limited Liability Company(LLC)
NAICS
551112
Borrower Location
Clinton Township, MI
Project Location
Clinton Township, MI
Rural/Urban
Urban
Hubzone
No
Labor Market Information (LMI)
No
Jobs Reported
1
Business Age Description
Unanswered
Data Source: SBA.