Sterling Management Ltd INC

$3,244,700 PPP Loan in Mishawaka, Indiana

Loan Details

Loan Number
5029517001
Date Approved
Apr 4, 2020
Loan Status
Paid in Full
Initial Approval
$3,244,700
Current Approval
$3,244,700
Forgiveness Amount
$3,282,014
Forgiveness Date
Jun 2, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Sterling Management Ltd INC
Address
3900 Edison Lakes Pkwy Suite 201
State
Indiana
ZIP Code
46545-3418
Business Type
Subchapter S Corporation
Industry (NAICS)
Real Estate and Rental and Leasing (531390)
Business Age
Existing or more than 2 years old
Jobs Reported
250
Estimated Revenue
$45.8M
Rural/Urban
Urban
Congressional District
IN-02

Loan Use Breakdown

Payroll
$2,433,564
Rent
$486,713
Utilities
$32,448
Debt Interest
$291,975

Lender Information

Servicing Lender
Lake City Bank
Originating Lender
Lake City Bank

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