Date Approved
04/28/2020
SBA Office Code
0299
Processing Method
PPP
Borrower Name
STERLING SECURITIES LLC
Borrower Address
466 Bloomfield Ave.
Borrower City
Newark
Borrower State
NJ
Borrower Zip
07107
Loan Status Date
10/08/2022
Loan Status
Paid in Full
Term
35
SBA Guaranty Percentage
100
Initial Approval Amount
1571362.00
Current Approval Amount
Undisbursed Amount
0.00
Franchise Name
Servicing Lender Location Id
45120
Servicing Lender Name
Valley National Bank
Servicing Lender Address
615 Main Ave
Servicing Lender City
PASSAIC
Servicing Lender State
Servicing Lender Zip
07055-5066
Rural Urban Indicator
U
Hubzone Indicator
Y
HLMI Indicator
Business Age Description
Existing or more than 2 years old
Project City
Project County Name
ESSEX
Project State
Project Zip
07107-0001
CD
NJ-10
Jobs Reported
280
NAICS Code
523120
Race
Unanswered
Ethnicity
Unknown/NotStated
Utilities Proceed
Payroll Proceed
Mortgage Interest Proceed
Rent Proceed
Refinance EIDL Proceed
Health Care Proceed
Debt Interest Proceed
0
Business Type
Limited Liability Company(LLC)
Originating Lender Location Id
Originating Lender
Originating Lender City
Originating Lender State
Gender
Male Owned
Veteran
Non Profit
Forgiveness Amount
1494199.78
Forgiveness Date
04/06/2022