Sterling Oil & Chemical Company

$108,500 PPP Loan in Royal Oak, Michigan

Loan Details

Loan Number
5861968306
Date Approved
Jan 26, 2021
Loan Status
Paid in Full
Initial Approval
$108,500
Current Approval
$108,500
Forgiveness Amount
$109,163
Forgiveness Date
Sep 13, 2021
Term
60 months
Draw
Second Draw

Business Information

Business Name
Sterling Oil & Chemical Company
Address
702 E 11 Mile Rd
ZIP Code
48067-1964
Business Type
Subchapter S Corporation
Industry (NAICS)
Wholesale Trade (424720)
Business Age
Existing or more than 2 years old
Jobs Reported
6
Estimated Revenue
<$5M
Rural/Urban
Urban
Congressional District
MI-11

Loan Use Breakdown

Payroll
$108,499

Lender Information

Servicing Lender
Waterford Bank, National Association
Originating Lender
Waterford Bank, National Association

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