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Sterling Business Machines

$271,015 PPP Loan in Sterling, Illinois

Loan Details

Loan Number
2518438408
Date Approved
Feb 3, 2021
Loan Status
Paid in Full
Initial Approval
$271,015
Current Approval
$271,015
Forgiveness Amount
$272,418
Forgiveness Date
Aug 16, 2021
Term
60 months
Draw
Second Draw

Business Information

Business Name
Sterling Business Machines
Address
501 Locust St
City
Sterling
State
Illinois
ZIP Code
61081-3542
Business Type
Corporation
Industry (NAICS)
Retail Trade (453210)
Business Age
Existing or more than 2 years old
Jobs Reported
29
Estimated Revenue
$6.3M
Rural/Urban
Rural
Congressional District
IL-17

Loan Use Breakdown

Payroll
$271,010
Utilities
$1

Lender Information

Servicing Lender
Midland States Bank
Originating Lender
Midland States Bank

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