PPP Loan information for Sterling business products inc.

$141,000

Sterling business products inc. was initially approved for PPP Loan of amount $142,132, the current approved amount is $141,000. The loan was approved on 01/20/2021 by The Leader Bank, National Association reported 8 jobs and $141,000 was used to fund payroll.

Sterling business products inc. is Existing or more than 2 years old

PPP Loan Search / MA / Stoneham / Sterling business products inc.

STERLING BUSINESS PRODUCTS INC.

Date Approved

01/20/2021

SBA Office Code

0101

Processing Method

PPS

Borrower Name

STERLING BUSINESS PRODUCTS INC.

Borrower Address

214 Main St

Borrower City

Stoneham

Borrower State

MA

Borrower Zip

02180-1619

Loan Status Date

10/09/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

142132.00

Current Approval Amount

141000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

262380

Servicing Lender Name

Leader Bank, National Association

Servicing Lender Address

180 Massachusetts Ave

Servicing Lender City

ARLINGTON

Servicing Lender State

MA

Servicing Lender Zip

02474-8448

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Stoneham

Project County Name

MIDDLESEX

Project State

MA

Project Zip

02180-1619

CD

MA-05

Jobs Reported

8

NAICS Code

323111

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

141000.00

Mortgage Interest Proceed

0.00

Rent Proceed

0.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Corporation

Originating Lender Location Id

262380

Originating Lender

Leader Bank, National Association

Originating Lender City

ARLINGTON

Originating Lender State

MA

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

141795.78

Forgiveness Date

08/27/2021

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