Sterling Auto Group

$1,179,000 PPP Loan in Bryan, Texas

Loan Details

Loan Number
9509767003
Date Approved
Apr 9, 2020
Loan Status
Paid in Full
Initial Approval
$1,179,000
Current Approval
$1,038,440
Forgiveness Amount
$1,047,209
Forgiveness Date
Feb 19, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Sterling Auto Group
Address
205 Earl Rudder Fwy
City
Bryan
State
Texas
ZIP Code
77802-5006
Business Type
Subchapter S Corporation
Industry (NAICS)
Retail Trade (441110)
Franchise
General Motors, LLC (chevrolet, Buick, Gm, Cadillac) Dealer Sales and Service Agreement
Business Age
Existing or more than 2 years old
Jobs Reported
91
Estimated Revenue
$22.9M
Rural/Urban
Urban
Congressional District
TX-10

Loan Use Breakdown

Payroll
$1,038,440

Lender Information

Servicing Lender
Truist Bank
Originating Lender
Truist Bank

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