PPP Loan information for Sterling oil & chemical company

$105,267

Sterling oil & chemical company was initially approved for PPP Loan of amount $105,267, the current approved amount is $105,267. The loan was approved on 04/28/2020 by The CDC Small Business Finance Corporation reported 6 jobs and $105,267 was used to fund payroll.

Sterling oil & chemical company is Existing or more than 2 years old

PPP Loan Search / MI / Royal Oak / Sterling oil & chemical company

STERLING OIL & CHEMICAL COMPANY

Date Approved

04/28/2020

SBA Office Code

0515

Processing Method

PPP

Borrower Name

STERLING OIL & CHEMICAL COMPANY

Borrower Address

702 E 11 Mile Road

Borrower City

Royal Oak

Borrower State

MI

Borrower Zip

48067-1964

Loan Status Date

01/20/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

105267.00

Current Approval Amount

105267.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

188309

Servicing Lender Name

CDC Small Business Finance Corporation

Servicing Lender Address

2448 Historic Decatur Road Suite 200

Servicing Lender City

San Diego

Servicing Lender State

CA

Servicing Lender Zip

92106

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Royal Oak

Project County Name

OAKLAND

Project State

MI

Project Zip

48067-1964

CD

MI-11

Jobs Reported

6

NAICS Code

424690

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

105267.00

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

188309

Originating Lender

CDC Small Business Finance Corporation

Originating Lender City

San Diego

Originating Lender State

CA

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

105933.21

Forgiveness Date

12/23/2020

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