PPP Loan information for Sterling retail services inc

$1,975,700

Sterling retail services inc was initially approved for PPP Loan of amount $1,975,700, the current approved amount is $1,975,700. The loan was approved on 04/08/2020 by The First Horizon Bank reported 110 jobs and $1,975,700 was used to fund payroll.

Sterling retail services inc is Existing or more than 2 years old

STERLING RETAIL SERVICES INC

Date Approved

04/08/2020

SBA Office Code

0455

Processing Method

PPP

Borrower Name

STERLING RETAIL SERVICES INC

Borrower Address

302 DATURA STREET SUITE 100

Borrower City

WEST PALM BEACH

Borrower State

FL

Borrower Zip

33401-5402

Loan Status Date

04/17/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

1975700.00

Current Approval Amount

1975700.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

67422

Servicing Lender Name

First Horizon Bank

Servicing Lender Address

165 Madison Ave

Servicing Lender City

MEMPHIS

Servicing Lender State

TN

Servicing Lender Zip

38103-2723

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

WEST PALM BEACH

Project County Name

PALM BEACH

Project State

FL

Project Zip

33401-5402

CD

FL-22

Jobs Reported

110

NAICS Code

531120

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

1975700.00

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

67422

Originating Lender

First Horizon Bank

Originating Lender City

MEMPHIS

Originating Lender State

TN

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

1994908.19

Forgiveness Date

03/31/2021

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