Sterling Equipment & Repair, Inc.

$105,115 PPP Loan in Cottonwood, Minnesota

Loan Details

Loan Number
6541667004
Date Approved
Apr 7, 2020
Loan Status
Paid in Full
Initial Approval
$105,115
Current Approval
$105,115
Forgiveness Amount
$105,898
Forgiveness Date
Jan 7, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Sterling Equipment & Repair, Inc.
Address
235 E 4th St S
ZIP Code
56229-2203
Business Type
Corporation
Industry (NAICS)
Other Services (except Public Administration) (811310)
Business Age
Existing or more than 2 years old
Jobs Reported
14
Estimated Revenue
<$5M
Rural/Urban
Rural
Congressional District
MN-07

Loan Use Breakdown

Payroll
$105,115

Lender Information

Servicing Lender
First Independent Bank
Originating Lender
First Independent Bank

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