PPP Loan information for Sterling excavation inc.

$170,293

Sterling excavation inc. was initially approved for PPP Loan of amount $170,293, the current approved amount is $170,293. The loan was approved on 02/17/2021 by The Mercantile Bank reported 14 jobs and $170,293 was used to fund payroll.

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

STERLING EXCAVATION INC.

Date Approved

02/17/2021

SBA Office Code

0515

Processing Method

PPS

Borrower Name

STERLING EXCAVATION INC.

Borrower Address

116 S 3rd St

Borrower City

West Branch

Borrower State

MI

Borrower Zip

48661-1350

Loan Status Date

12/09/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

170292.92

Current Approval Amount

170292.92

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

48661-1350

CD

MI-01

Jobs Reported

14

NAICS Code

238910

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

170287.92

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

122287

Originating Lender

Mercantile Bank

Originating Lender City

GRAND RAPIDS

Originating Lender State

MI

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

171524.63

Forgiveness Date

11/10/2021

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