PPP Loan information for Sterling machine co., inc.

$90,700

Sterling machine co., inc. was initially approved for PPP Loan of amount $90,700, the current approved amount is $90,700. The loan was approved on 05/14/2020 by The DeMotte State Bank reported 7 jobs and $90,700 was used to fund payroll.

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

PPP Loan Search / IN / CEDAR LAKE / Sterling machine co., inc.

STERLING MACHINE CO., INC.

Date Approved

05/14/2020

SBA Office Code

0562

Processing Method

PPP

Borrower Name

STERLING MACHINE CO., INC.

Borrower Address

10501 W 133RD AVE

Borrower City

CEDAR LAKE

Borrower State

IN

Borrower Zip

46303-8577

Loan Status Date

01/16/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

90700.00

Current Approval Amount

90700.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

23051

Servicing Lender Name

DeMotte State Bank

Servicing Lender Address

210 S Halleck St

Servicing Lender City

DEMOTTE

Servicing Lender State

IN

Servicing Lender Zip

46310-9595

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

CEDAR LAKE

Project County Name

LAKE

Project State

IN

Project Zip

46303-8577

CD

IN-01

Jobs Reported

7

NAICS Code

332710

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

90700.00

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

23051

Originating Lender

DeMotte State Bank

Originating Lender City

DEMOTTE

Originating Lender State

IN

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

91234.26

Forgiveness Date

12/17/2020

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