PPP Loan information for Sterling systems, inc

$652,000

Sterling systems, inc was initially approved for PPP Loan of amount $652,000, the current approved amount is $652,000. The loan was approved on 04/05/2020 by The First National Bank North reported 34 jobs and $652,000 was used to fund payroll.

Sterling systems, inc is Existing or more than 2 years old

PPP Loan Search / MN / Plymouth / Sterling systems, inc

STERLING SYSTEMS, INC

Date Approved

04/05/2020

SBA Office Code

0508

Processing Method

PPP

Borrower Name

STERLING SYSTEMS, INC

Borrower Address

13310 Industrial Park Blvd Suite 195

Borrower City

Plymouth

Borrower State

MN

Borrower Zip

55441-3800

Loan Status Date

01/14/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

652000.00

Current Approval Amount

652000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

38992

Servicing Lender Name

First National Bank North

Servicing Lender Address

600 Minnesota Ave West

Servicing Lender City

WALKER

Servicing Lender State

MN

Servicing Lender Zip

56484-2279

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Plymouth

Project County Name

HENNEPIN

Project State

MN

Project Zip

55441-3800

CD

MN-03

Jobs Reported

34

NAICS Code

541618

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

652000.00

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

38992

Originating Lender

First National Bank North

Originating Lender City

WALKER

Originating Lender State

MN

Gender

Female Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

656582.11

Forgiveness Date

12/23/2020

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