PPP Loan information for Sterling hospitality llc

$244,200

Sterling hospitality llc was initially approved for PPP Loan of amount $244,200, the current approved amount is $244,200. The loan was approved on 01/23/2021 by The BNC National Bank reported 31 jobs and $244,200 was used to fund payroll.

Sterling hospitality llc is Existing or more than 2 years old

STERLING HOSPITALITY LLC

Date Approved

01/23/2021

SBA Office Code

0508

Processing Method

PPS

Borrower Name

STERLING HOSPITALITY LLC

Borrower Address

2350 Commerce Dr NW

Borrower City

Rochester

Borrower State

MN

Borrower Zip

55901-3250

Loan Status Date

02/10/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

244200.00

Current Approval Amount

244200.00

Undisbursed Amount

0.00

Franchise Name

Staybridge Suites

Servicing Lender Location Id

224982

Servicing Lender Name

BNC National Bank

Servicing Lender Address

20175 N 67th Ave

Servicing Lender City

GLENDALE

Servicing Lender State

AZ

Servicing Lender Zip

85308-7000

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Rochester

Project County Name

OLMSTED

Project State

MN

Project Zip

55901-3250

CD

MN-01

Jobs Reported

31

NAICS Code

721110

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

244198.00

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

Limited Liability Company(LLC)

Originating Lender Location Id

224982

Originating Lender

BNC National Bank

Originating Lender City

GLENDALE

Originating Lender State

AZ

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

246485.98

Forgiveness Date

01/04/2022

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