PPP Loan information for Sterling management ltd inc

$3,244,700

Sterling management ltd inc was initially approved for PPP Loan of amount $3,244,700, the current approved amount is $3,244,700. The loan was approved on 04/04/2020 by The Lake City Bank reported 250 jobs and $3,244,700 was used to fund payroll.

Sterling management ltd inc is Existing or more than 2 years old

PPP Loan Search / IN / MISHAWAKA / Sterling management ltd inc

STERLING MANAGEMENT LTD INC

Date Approved

04/04/2020

SBA Office Code

0562

Processing Method

PPP

Borrower Name

STERLING MANAGEMENT LTD INC

Borrower Address

3900 EDISON LAKES PKWY SUITE 201

Borrower City

MISHAWAKA

Borrower State

IN

Borrower Zip

46545-3418

Loan Status Date

07/10/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

3244700.00

Current Approval Amount

3244700.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

24432

Servicing Lender Name

Lake City Bank

Servicing Lender Address

202 E Center St

Servicing Lender City

WARSAW

Servicing Lender State

IN

Servicing Lender Zip

46580-2842

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

MISHAWAKA

Project County Name

ST JOSEPH

Project State

IN

Project Zip

46545-3418

CD

IN-02

Jobs Reported

250

NAICS Code

531390

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

32448.00

Payroll Proceed

2433564.00

Mortgage Interest Proceed

0.00

Rent Proceed

486713.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

291975

Business Type

Subchapter S Corporation

Originating Lender Location Id

24432

Originating Lender

Lake City Bank

Originating Lender City

WARSAW

Originating Lender State

IN

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

3282014.05

Forgiveness Date

06/02/2021

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