PPP Loan information for The sterling lumber and investment company

$1,967,600

The sterling lumber and investment company was initially approved for PPP Loan of amount $2,071,100, the current approved amount is $1,967,600. The loan was approved on 04/10/2020 by The Independent Bank reported 173 jobs and $1,967,600 was used to fund payroll.

The sterling lumber and investment company is Existing or more than 2 years old

THE STERLING LUMBER AND INVESTMENT COMPANY

Date Approved

04/10/2020

SBA Office Code

0811

Processing Method

PPP

Borrower Name

THE STERLING LUMBER AND INVESTMENT COMPANY

Borrower Address

9101 HARLAN ST STE 300

Borrower City

WESTMINSTER

Borrower State

CO

Borrower Zip

80031-2903

Loan Status Date

05/12/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

2071100.00

Current Approval Amount

1967600.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

68987

Servicing Lender Name

Independent Bank

Servicing Lender Address

3090 Craig Dr

Servicing Lender City

MCKINNEY

Servicing Lender State

TX

Servicing Lender Zip

75070-4352

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

WESTMINSTER

Project County Name

JEFFERSON

Project State

CO

Project Zip

80031-2903

CD

CO-07

Jobs Reported

173

NAICS Code

423310

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

22268.00

Payroll Proceed

1307257.00

Mortgage Interest Proceed

0.00

Rent Proceed

12700.00

Refinance EIDL Proceed

0.00

Health Care Proceed

625375.00

Debt Interest Proceed

0

Business Type

Corporation

Originating Lender Location Id

68987

Originating Lender

Independent Bank

Originating Lender City

MCKINNEY

Originating Lender State

TX

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

1986401.51

Forgiveness Date

03/31/2021

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