PPP Loan information for Sterling logistics co

$272,500

Sterling logistics co was initially approved for PPP Loan of amount $272,500, the current approved amount is $272,500. The loan was approved on 04/15/2020 by The Citizens Bank, National Association reported 20 jobs and $272,500 was used to fund payroll.

Sterling logistics co is Existing or more than 2 years old

STERLING LOGISTICS CO

Date Approved

04/15/2020

SBA Office Code

0515

Processing Method

PPP

Borrower Name

STERLING LOGISTICS CO

Borrower Address

6565 Cotter Avenue

Borrower City

Sterling Heights

Borrower State

MI

Borrower Zip

48314

Loan Status Date

Loan Status

Exemption 4

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

272500.00

Current Approval Amount

272500.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

434162

Servicing Lender Name

Citizens Bank, National Association

Servicing Lender Address

1 Citizens Plaza

Servicing Lender City

PROVIDENCE

Servicing Lender State

RI

Servicing Lender Zip

02903-1344

Rural Urban Indicator

U

Hubzone Indicator

Y

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

48314-0899

CD

MI-10

Jobs Reported

20

NAICS Code

423860

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

272500.00

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

Subchapter S Corporation

Originating Lender Location Id

434162

Originating Lender

Citizens Bank, National Association

Originating Lender City

PROVIDENCE

Originating Lender State

RI

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

9264.05

Forgiveness Date

01/25/2022

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