Sterling Excavation, Inc.
$171,409 PPP Loan in West Branch, Michigan
Loan Details
- Loan Number
- 7588247009
- Date Approved
- Apr 7, 2020
- Loan Status
- Paid in Full
- Initial Approval
- $171,409
- Current Approval
- $171,409
- Forgiveness Amount
- $172,940
- Forgiveness Date
- Mar 8, 2021
- Term
- 24 months
- Draw
- First Draw
Business Information
- Business Name
- Sterling Excavation, Inc.
- Address
- 3685 Lehman Rd
- City
- West Branch
- State
- Michigan
- ZIP Code
- 48661-9630
- Business Type
- Subchapter S Corporation
- Industry (NAICS)
- Construction (238910)
- Business Age
- Existing or more than 2 years old
- Jobs Reported
- 16
- Estimated Revenue
- $6.0M
- Rural/Urban
- Rural
- Congressional District
- MI-01
Loan Use Breakdown
- Payroll
- $150,209
- Rent
- $800
- Utilities
- $2,900
- Health Care
- $8,500
- Debt Interest
- $9,000
Lender Information
- Servicing Lender
- Mercantile Bank
- Originating Lender
- Mercantile Bank
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