PPP Loan information for Sterling paper company

$1,279,042

Sterling paper company was initially approved for PPP Loan of amount $1,279,042, the current approved amount is $1,279,042. The loan was approved on 04/07/2020 by The First Merchants Bank reported 92 jobs and $1,279,042 was used to fund payroll.

Sterling paper company is Existing or more than 2 years old

STERLING PAPER COMPANY

Date Approved

04/07/2020

SBA Office Code

0593

Processing Method

PPP

Borrower Name

STERLING PAPER COMPANY

Borrower Address

1845 PROGRESS AVE

Borrower City

COLUMBUS

Borrower State

OH

Borrower Zip

43207-1726

Loan Status Date

09/25/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

1279042.00

Current Approval Amount

1279042.00

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

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

COLUMBUS

Project County Name

FRANKLIN

Project State

OH

Project Zip

43207-1726

CD

OH-03

Jobs Reported

92

NAICS Code

424120

Race

White

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

1279042.00

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

1296037.49

Forgiveness Date

08/16/2021

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