Date Approved
04/10/2020
SBA Office Code
0459
Processing Method
PPP
Borrower Name
STERLING CO.
Borrower Address
400 BROAD ST
Borrower City
GADSDEN
Borrower State
AL
Borrower Zip
35901-3718
Loan Status Date
11/18/2020
Loan Status
Paid in Full
Term
24
SBA Guaranty Percentage
100
Initial Approval Amount
306900.00
Current Approval Amount
Undisbursed Amount
0.00
Franchise Name
Servicing Lender Location Id
2037
Servicing Lender Name
Peoples Bank of Alabama
Servicing Lender Address
1912 Cherokee Ave SW
Servicing Lender City
CULLMAN
Servicing Lender State
Servicing Lender Zip
35055-5595
Rural Urban Indicator
R
Hubzone Indicator
Y
HLMI Indicator
N
Business Age Description
Existing or more than 2 years old
Project City
Project County Name
ETOWAH
Project State
Project Zip
CD
AL-04
Jobs Reported
38
NAICS Code
541618
Race
Unanswered
Ethnicity
Unknown/NotStated
Utilities Proceed
49800.00
Payroll Proceed
230200.00
Mortgage Interest Proceed
Rent Proceed
26900.00
Refinance EIDL Proceed
Health Care Proceed
Debt Interest Proceed
0
Business Type
Non-Profit Organization
Originating Lender Location Id
Originating Lender
Originating Lender City
Originating Lender State
Gender
Veteran
Non Profit
Forgiveness Amount
308613.52
Forgiveness Date
11/05/2020