PPP Loan information for Sterling restaurants inc

$275,700

Sterling restaurants inc was initially approved for PPP Loan of amount $275,700, the current approved amount is $275,700. The loan was approved on 04/29/2020 by The First National Bank of Pennsylvania reported 58 jobs and $275,700 was used to fund payroll.

Sterling restaurants inc is Existing or more than 2 years old

PPP Loan Search / NC / WEST JEFFERSON / Sterling restaurants inc

STERLING RESTAURANTS INC

Date Approved

04/29/2020

SBA Office Code

0460

Processing Method

PPP

Borrower Name

STERLING RESTAURANTS INC

Borrower Address

11 ASHEMONT DRIVE

Borrower City

WEST JEFFERSON

Borrower State

NC

Borrower Zip

28694-9514

Loan Status Date

06/10/2022

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

275700.00

Current Approval Amount

275700.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

60275

Servicing Lender Name

First National Bank of Pennsylvania

Servicing Lender Address

166 Main St

Servicing Lender City

GREENVILLE

Servicing Lender State

PA

Servicing Lender Zip

16125-2146

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

WEST JEFFERSON

Project County Name

ASHE

Project State

NC

Project Zip

28694-9514

CD

NC-05

Jobs Reported

58

NAICS Code

561499

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

275700.00

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

60275

Originating Lender

First National Bank of Pennsylvania

Originating Lender City

GREENVILLE

Originating Lender State

PA

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

256572.23

Forgiveness Date

07/20/2021

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