PPP Loan information for Sterling excavation, inc.

$171,409

Sterling excavation, inc. was initially approved for PPP Loan of amount $171,409, the current approved amount is $171,409. The loan was approved on 04/07/2020 by The Mercantile Bank reported 16 jobs and $171,409 was used to fund payroll.

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

PPP Loan Search / MI / WEST BRANCH / Sterling excavation, inc.

STERLING EXCAVATION, INC.

Date Approved

04/07/2020

SBA Office Code

0515

Processing Method

PPP

Borrower Name

STERLING EXCAVATION, INC.

Borrower Address

3685 LEHMAN RD

Borrower City

WEST BRANCH

Borrower State

MI

Borrower Zip

48661-9630

Loan Status Date

04/14/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

171409.00

Current Approval Amount

171409.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

122287

Servicing Lender Name

Mercantile Bank

Servicing Lender Address

310 Leonard St NW

Servicing Lender City

GRAND RAPIDS

Servicing Lender State

MI

Servicing Lender Zip

49504-4224

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

WEST BRANCH

Project County Name

OGEMAW

Project State

MI

Project Zip

48661-9630

CD

MI-01

Jobs Reported

16

NAICS Code

238910

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

2900.00

Payroll Proceed

150209.00

Mortgage Interest Proceed

0.00

Rent Proceed

800.00

Refinance EIDL Proceed

0.00

Health Care Proceed

8500.00

Debt Interest Proceed

9000

Business Type

Subchapter S Corporation

Originating Lender Location Id

122287

Originating Lender

Mercantile Bank

Originating Lender City

GRAND RAPIDS

Originating Lender State

MI

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

172939.94

Forgiveness Date

03/08/2021

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