PPP Loan information for Sterlingwear of boston inc

$1,081,605

Sterlingwear of boston inc was initially approved for PPP Loan of amount $1,081,605, the current approved amount is $1,081,605. The loan was approved on 01/30/2021 by The Bank of America, National Association reported 40 jobs and $1,081,605 was used to fund payroll.

Sterlingwear of boston inc is Existing or more than 2 years old

PPP Loan Search / MA / Boston / Sterlingwear of boston inc

STERLINGWEAR OF BOSTON INC

Date Approved

01/30/2021

SBA Office Code

0101

Processing Method

PPS

Borrower Name

STERLINGWEAR OF BOSTON INC

Borrower Address

175 William F McClellan Hwy

Borrower City

Boston

Borrower State

MA

Borrower Zip

02128-1185

Loan Status Date

03/15/2023

Loan Status

Charged Off

Term

32

SBA Guaranty Percentage

100

Initial Approval Amount

1081605.00

Current Approval Amount

1081605.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

9551

Servicing Lender Name

Bank of America, National Association

Servicing Lender Address

100 N Tryon St, Ste 170

Servicing Lender City

CHARLOTTE

Servicing Lender State

NC

Servicing Lender Zip

28202-4024

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Boston

Project County Name

SUFFOLK

Project State

MA

Project Zip

02128-1185

CD

MA-07

Jobs Reported

40

NAICS Code

315280

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

1081599.00

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

9551

Originating Lender

Bank of America, National Association

Originating Lender City

CHARLOTTE

Originating Lender State

NC

Gender

Male Owned

Veteran

Veteran

Non Profit

Forgiveness Amount

988568.33

Forgiveness Date

12/01/2022

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