Date Approved
04/13/2020
SBA Office Code
0507
Processing Method
PPP
Borrower Name
STERLING TRANSIT LLC
Borrower Address
850 Asbury Drive #A
Borrower City
BUFFALO GROVE
Borrower State
IL
Borrower Zip
60089-4557
Loan Status Date
07/08/2021
Loan Status
Paid in Full
Term
24
SBA Guaranty Percentage
100
Initial Approval Amount
124400.00
Current Approval Amount
Undisbursed Amount
0.00
Franchise Name
Servicing Lender Location Id
25325
Servicing Lender Name
BankIowa
Servicing Lender Address
7045 C Ave NE
Servicing Lender City
CEDAR RAPIDS
Servicing Lender State
IA
Servicing Lender Zip
52402-1378
Rural Urban Indicator
U
Hubzone Indicator
N
HLMI Indicator
Business Age Description
Existing or more than 2 years old
Project City
Project County Name
LAKE
Project State
Project Zip
CD
IL-10
Jobs Reported
8
NAICS Code
484110
Race
Unanswered
Ethnicity
Unknown/NotStated
Utilities Proceed
Payroll Proceed
Mortgage Interest Proceed
Rent Proceed
Refinance EIDL Proceed
Health Care Proceed
Debt Interest Proceed
0
Business Type
Limited Liability Company(LLC)
Originating Lender Location Id
Originating Lender
Originating Lender City
Originating Lender State
Gender
Male Owned
Veteran
Non Profit
Forgiveness Amount
125834.06
Forgiveness Date
06/10/2021