Stering Bay, LLC

$4,430,000 PPP Loan in Chicago, Illinois

Loan Details

Loan Number
5903467007
Date Approved
Apr 6, 2020
Loan Status
Paid in Full
Initial Approval
$4,430,000
Current Approval
$4,430,000
Forgiveness Amount
$4,489,313
Forgiveness Date
Aug 12, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Stering Bay, LLC
Address
1330 W Fulton Suite 800
ZIP Code
60607
Business Type
Limited Liability Company(llc)
Industry (NAICS)
Construction (236220)
Business Age
Existing or more than 2 years old
Jobs Reported
189
Estimated Revenue
$215.3M
Rural/Urban
Urban
Congressional District
IL-07

Loan Use Breakdown

Payroll
$3,322,500
Rent
$553,750
Utilities
$553,750

Lender Information

Servicing Lender
Wintrust Bank, National Association
Originating Lender
Wintrust Bank, National Association

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