PPP Loan information for Sterling industrial refrigeration inc

$552,500

Sterling industrial refrigeration inc was initially approved for PPP Loan of amount $552,500, the current approved amount is $552,500. The loan was approved on 04/07/2020 by The Truist Bank reported 24 jobs and $552,500 was used to fund payroll.

Sterling industrial refrigeration inc is Existing or more than 2 years old

PPP Loan Search / NC / MORRISVILLE / Sterling industrial refrigeration inc

STERLING INDUSTRIAL REFRIGERATION INC

Date Approved

04/07/2020

SBA Office Code

0460

Processing Method

PPP

Borrower Name

STERLING INDUSTRIAL REFRIGERATION INC

Borrower Address

598 AIRPORT BLVD

Borrower City

MORRISVILLE

Borrower State

NC

Borrower Zip

27560-7203

Loan Status Date

01/21/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

552500.00

Current Approval Amount

552500.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

225134

Servicing Lender Name

Truist Bank

Servicing Lender Address

214 N Tryon St

Servicing Lender City

CHARLOTTE

Servicing Lender State

NC

Servicing Lender Zip

28202-1078

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

MORRISVILLE

Project County Name

WAKE

Project State

NC

Project Zip

27560-7203

CD

NC-02

Jobs Reported

24

NAICS Code

811310

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

552500.00

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

Subchapter S Corporation

Originating Lender Location Id

225134

Originating Lender

Truist Bank

Originating Lender City

CHARLOTTE

Originating Lender State

NC

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

555768.96

Forgiveness Date

11/23/2020

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