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
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

BusinessApproved
Progressive Tractor & Implement Co, LLC$3,500,000NewBizBotResearch
Tony Chachere's Creole Food of Opelousas, Inc.$1,247,190NewBizBotResearch
Prairie Contractors LLC$972,737NewBizBotResearch
Westminster Christian Academy$857,210NewBizBotResearch
Westminster Christian Academy$855,600NewBizBotResearch

Want to research this company further?

Try NewBizBot free