PPP Loan information for Sterling 5, inc.

$1,275,282

Sterling 5, inc. was initially approved for PPP Loan of amount $1,275,282, the current approved amount is $1,275,282. The loan was approved on 04/27/2020 by The Amerasia Bank reported 55 jobs and $1,275,282 was used to fund payroll.

Sterling 5, inc. is Existing or more than 2 years old

PPP Loan Search / FL / BOCA RATON / Sterling 5, inc.

STERLING 5, INC.

Date Approved

04/27/2020

SBA Office Code

0455

Processing Method

PPP

Borrower Name

STERLING 5, INC.

Borrower Address

950 PENINSULA CORPORATE CIR STE1016

Borrower City

BOCA RATON

Borrower State

FL

Borrower Zip

33487-1385

Loan Status Date

01/07/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

1275282.00

Current Approval Amount

1275282.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

112305

Servicing Lender Name

Amerasia Bank

Servicing Lender Address

41-06 Main St

Servicing Lender City

NEW YORK CITY

Servicing Lender State

NY

Servicing Lender Zip

11355-3133

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

BOCA RATON

Project County Name

PALM BEACH

Project State

FL

Project Zip

33487-1385

CD

FL-23

Jobs Reported

55

NAICS Code

541511

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

2423.00

Payroll Proceed

1067697.00

Mortgage Interest Proceed

3897.00

Rent Proceed

0.00

Refinance EIDL Proceed

0.00

Health Care Proceed

201265.00

Debt Interest Proceed

0

Business Type

Corporation

Originating Lender Location Id

112305

Originating Lender

Amerasia Bank

Originating Lender City

NEW YORK CITY

Originating Lender State

NY

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

1283217.09

Forgiveness Date

12/15/2020

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