Sterling Machinery INC

$1,030,585 PPP Loan in Mena, Arkansas

Loan Details

Loan Number
8699377010
Date Approved
Apr 8, 2020
Loan Status
Paid in Full
Initial Approval
$1,030,585
Current Approval
$1,030,585
Forgiveness Amount
$1,043,404
Forgiveness Date
Jul 7, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Sterling Machinery INC
Address
104 Port Arthur Ave
City
Mena
ZIP Code
71953-3344
Business Type
Subchapter S Corporation
Industry (NAICS)
Manufacturing (331210)
Business Age
Existing or more than 2 years old
Jobs Reported
80
Estimated Revenue
$20.9M
Rural/Urban
Rural
Congressional District
AR-04

Loan Use Breakdown

Payroll
$1,030,585

Lender Information

Servicing Lender
Union Bank
Originating Lender
Union Bank

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