Sterling Machinery INC

$943,097 PPP Loan in Mena, Arkansas

Loan Details

Loan Number
3770678308
Date Approved
Jan 22, 2021
Loan Status
Paid in Full
Initial Approval
$943,097
Current Approval
$943,097
Forgiveness Amount
$947,341
Forgiveness Date
Jul 7, 2021
Term
60 months
Draw
Second Draw

Business Information

Business Name
Sterling Machinery INC
Address
104 Port Arthur Ave
City
Mena
ZIP Code
71953-3344
Business Type
Subchapter S Corporation
Industry (NAICS)
Manufacturing (333120)
Business Age
Existing or more than 2 years old
Jobs Reported
69
Estimated Revenue
$18.1M
Rural/Urban
Rural
Congressional District
AR-04

Loan Use Breakdown

Payroll
$943,091
Utilities
$1

Lender Information

Servicing Lender
Union Bank
Originating Lender
Union Bank

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