PPP Loan information for Sterling machinery inc

$1,030,585

Sterling machinery inc was initially approved for PPP Loan of amount $1,030,585, the current approved amount is $1,030,585. The loan was approved on 04/08/2020 by The The First National Bank at Paris reported 80 jobs and $1,030,585 was used to fund payroll.

Sterling machinery inc is Existing or more than 2 years old

PPP Loan Search / AR / MENA / Sterling machinery inc

STERLING MACHINERY INC

Date Approved

04/08/2020

SBA Office Code

0669

Processing Method

PPP

Borrower Name

STERLING MACHINERY INC

Borrower Address

104 PORT ARTHUR AVE

Borrower City

MENA

Borrower State

AR

Borrower Zip

71953-3344

Loan Status Date

07/21/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

1030585.00

Current Approval Amount

1030585.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

4646

Servicing Lender Name

The First National Bank at Paris

Servicing Lender Address

11 E Main

Servicing Lender City

PARIS

Servicing Lender State

AR

Servicing Lender Zip

72855-3321

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

MENA

Project County Name

POLK

Project State

AR

Project Zip

71953-3344

CD

AR-04

Jobs Reported

80

NAICS Code

331210

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

1030585.00

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

4646

Originating Lender

The First National Bank at Paris

Originating Lender City

PARIS

Originating Lender State

AR

Gender

Female Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

1043403.78

Forgiveness Date

07/07/2021

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