Sterling Automotive Group, Inc.
$3,793,300 PPP Loan in Opelousas, Louisiana
Loan Details
- Loan Number
- 7016537105
- Date Approved
- Apr 14, 2020
- Loan Status
- Paid in Full
- Initial Approval
- $3,793,300
- Current Approval
- $3,793,300
- Forgiveness Amount
- $3,602,758
- Forgiveness Date
- Jan 28, 2022
- Term
- 24 months
- Draw
- First Draw
Business Information
- Business Name
- Sterling Automotive Group, Inc.
- Address
- 5504 I 49 N Service Rd
- City
- Opelousas
- State
- Louisiana
- ZIP Code
- 70570-0768
- Business Type
- Subchapter S Corporation
- Industry (NAICS)
- Retail Trade (441110)
- Business Age
- Existing or more than 2 years old
- Jobs Reported
- 328
- Estimated Revenue
- $82.7M
- Rural/Urban
- Rural
- Congressional District
- LA-04
Loan Use Breakdown
- Payroll
- $3,793,300
Lender Information
- Servicing Lender
- Hancock Whitney Bank
- Originating Lender
- Hancock Whitney Bank
Other PPP Loans in Opelousas, LA
| Business | Approved | |
|---|---|---|
| Progressive Tractor & Implement Co, LLC | $3,500,000 | |
| Tony Chachere's Creole Food of Opelousas, Inc. | $1,247,190 | |
| Prairie Contractors LLC | $972,737 | |
| Westminster Christian Academy | $857,210 | |
| Westminster Christian Academy | $855,600 |
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