PPP Loan information for The sterling group, inc.

$1,519,900

The sterling group, inc. was initially approved for PPP Loan of amount $1,519,900, the current approved amount is $1,519,900. The loan was approved on 04/12/2020 by The First Merchants Bank reported 93 jobs and $1,519,900 was used to fund payroll.

The sterling group, inc. is Existing or more than 2 years old

PPP Loan Search / MI / Sterling Heights / The sterling group, inc.

THE STERLING GROUP, INC.

Date Approved

04/12/2020

SBA Office Code

0515

Processing Method

PPP

Borrower Name

THE STERLING GROUP, INC.

Borrower Address

13900 Lakeside Circle

Borrower City

Sterling Heights

Borrower State

MI

Borrower Zip

48313-1318

Loan Status Date

04/14/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

1519900.00

Current Approval Amount

1519900.00

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

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Sterling Heights

Project County Name

MACOMB

Project State

MI

Project Zip

48313-1318

CD

MI-10

Jobs Reported

93

NAICS Code

524210

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

1519900.00

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

24037

Originating Lender

First Merchants Bank

Originating Lender City

MUNCIE

Originating Lender State

IN

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

1533808.13

Forgiveness Date

03/18/2021

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