PPP Loan information for Sterling restaurants, llc

$3,921,955

Sterling restaurants, llc was initially approved for PPP Loan of amount $3,921,955, the current approved amount is $3,921,955. The loan was approved on 04/14/2020 by The Synovus Bank reported 500 jobs and $3,921,955 was used to fund payroll.

Sterling restaurants, llc is Existing or more than 2 years old

PPP Loan Search / GA / ATLANTA / Sterling restaurants, llc

STERLING RESTAURANTS, LLC

Date Approved

04/14/2020

SBA Office Code

0405

Processing Method

PPP

Borrower Name

STERLING RESTAURANTS, LLC

Borrower Address

2915 PEACHTREE RD NE

Borrower City

ATLANTA

Borrower State

GA

Borrower Zip

30305-2101

Loan Status Date

08/04/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

3921955.00

Current Approval Amount

3921955.00

Undisbursed Amount

0.00

Franchise Name

Moe's Southwest Grill

Servicing Lender Location Id

19248

Servicing Lender Name

Synovus Bank

Servicing Lender Address

1148 Broadway

Servicing Lender City

COLUMBUS

Servicing Lender State

GA

Servicing Lender Zip

31901-2429

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

ATLANTA

Project County Name

FULTON

Project State

GA

Project Zip

30305-2101

CD

GA-05

Jobs Reported

500

NAICS Code

722511

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

3921955.00

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

Limited Liability Company(LLC)

Originating Lender Location Id

19248

Originating Lender

Synovus Bank

Originating Lender City

COLUMBUS

Originating Lender State

GA

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

3967084.35

Forgiveness Date

06/11/2021

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