PPP Loan information for Sterling erectors inc.

$1,128,410

Sterling erectors inc. was initially approved for PPP Loan of amount $1,128,410, the current approved amount is $1,128,410. The loan was approved on 04/05/2020 by The First Merchants Bank reported 40 jobs and $1,128,410 was used to fund payroll.

Sterling erectors inc. is Existing or more than 2 years old

PPP Loan Search / MI / STERLING HEIGHTS / Sterling erectors inc.

STERLING ERECTORS INC.

Date Approved

04/05/2020

SBA Office Code

0515

Processing Method

PPP

Borrower Name

STERLING ERECTORS INC.

Borrower Address

40675 MOUND RD

Borrower City

STERLING HEIGHTS

Borrower State

MI

Borrower Zip

48310-2263

Loan Status Date

05/14/2022

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

1128410.00

Current Approval Amount

1128410.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

24037

Servicing Lender Name

First Merchants Bank

Servicing Lender Address

200 E Jackson St

Servicing Lender City

MUNCIE

Servicing Lender State

IN

Servicing Lender Zip

47305-2835

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

STERLING HEIGHTS

Project County Name

MACOMB

Project State

MI

Project Zip

48310-2263

CD

MI-10

Jobs Reported

40

NAICS Code

236220

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

1128410.00

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

24037

Originating Lender

First Merchants Bank

Originating Lender City

MUNCIE

Originating Lender State

IN

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

1076325.35

Forgiveness Date

06/22/2021

;