PPP Loan information for Sterling merchandising inc

$486,400

Sterling merchandising inc was initially approved for PPP Loan of amount $486,400, the current approved amount is $486,400. The loan was approved on 04/15/2020 by The Banco Popular de Puerto Rico reported 51 jobs and $486,400 was used to fund payroll.

Sterling merchandising inc is Existing or more than 2 years old

PPP Loan Search / PR / BAYAMON / Sterling merchandising inc

STERLING MERCHANDISING INC

Date Approved

04/15/2020

SBA Office Code

0252

Processing Method

PPP

Borrower Name

STERLING MERCHANDISING INC

Borrower Address

URB INDUSTRIAL LUCHETTI CALLE B ESQUINA LOTE 19

Borrower City

BAYAMON

Borrower State

PR

Borrower Zip

00959

Loan Status Date

08/19/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

486400.00

Current Approval Amount

486400.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

123840

Servicing Lender Name

Banco Popular de Puerto Rico

Servicing Lender Address

209 Avenida Luis Mu<td,n>oz Rivera

Servicing Lender City

SAN JUAN

Servicing Lender State

PR

Servicing Lender Zip

00918

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

BAYAMON

Project County Name

BAYAMON

Project State

PR

Project Zip

00959-1900

CD

PR-

Jobs Reported

51

NAICS Code

424430

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

47729.00

Payroll Proceed

400671.00

Mortgage Interest Proceed

38000.00

Rent Proceed

0.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Corporation

Originating Lender Location Id

123840

Originating Lender

Banco Popular de Puerto Rico

Originating Lender City

SAN JUAN

Originating Lender State

PR

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

492520.53

Forgiveness Date

07/20/2021

;