PPP Loan information for Sterling insurance agency, inc.

$96,995

Sterling insurance agency, inc. was initially approved for PPP Loan of amount $96,995, the current approved amount is $96,995. The loan was approved on 04/28/2020 by The North Shore Bank, a Co-operative Bank reported 9 jobs and $96,995 was used to fund payroll.

Sterling insurance agency, inc. is Existing or more than 2 years old

PPP Loan Search / MA / BEVERLY / Sterling insurance agency, inc.

STERLING INSURANCE AGENCY, INC.

Date Approved

04/28/2020

SBA Office Code

0101

Processing Method

PPP

Borrower Name

STERLING INSURANCE AGENCY, INC.

Borrower Address

306 CABOT ST

Borrower City

BEVERLY

Borrower State

MA

Borrower Zip

01915-3336

Loan Status Date

03/06/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

96995.00

Current Approval Amount

96995.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

89255

Servicing Lender Name

North Shore Bank, a Co-operative Bank

Servicing Lender Address

248 Andover St, Route 114

Servicing Lender City

Peabody

Servicing Lender State

MA

Servicing Lender Zip

01960-1502

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

BEVERLY

Project County Name

ESSEX

Project State

MA

Project Zip

01915-3336

CD

MA-06

Jobs Reported

9

NAICS Code

524210

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

96995.00

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

Corporation

Originating Lender Location Id

89255

Originating Lender

North Shore Bank, a Co-operative Bank

Originating Lender City

Peabody

Originating Lender State

MA

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

97781.74

Forgiveness Date

02/17/2021

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