Sterling Merchandising INC

$486,400 PPP Loan in Bayamon, Puerto Rico

Loan Details

Loan Number
8847117103
Date Approved
Apr 15, 2020
Loan Status
Paid in Full
Initial Approval
$486,400
Current Approval
$486,400
Forgiveness Amount
$492,521
Forgiveness Date
Jul 20, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Sterling Merchandising INC
Address
Urb Industrial Luchetti Calle B Esquina Lote 19
ZIP Code
00959
Business Type
Corporation
Industry (NAICS)
Wholesale Trade (424430)
Business Age
Existing or more than 2 years old
Jobs Reported
51
Estimated Revenue
$13.1M
Rural/Urban
Rural
Congressional District
PR-

Loan Use Breakdown

Payroll
$400,671
Utilities
$47,729
Mortgage Interest
$38,000

Lender Information

Servicing Lender
Banco Popular De Puerto Rico
Originating Lender
Banco Popular De Puerto Rico

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