# PPP loan: STERLING FABRICATING EQUIPMENT, INC.
> **$176K** approved 04/29/2020 · Paid in Full · Loan `2016347300`
## Borrower
- **Name:** STERLING FABRICATING EQUIPMENT, INC.
- **Address:** 9310 Garvey Ave., South, El Monte, CA, 91733-1097
- **NAICS:** 423830
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $176K
- **Initial approval:** $176K
- **Forgiven:** $178K (101%)
- **Forgiveness date:** 07/02/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $176K
- **Jobs reported:** 12
## Lender
- **Originating:** Comerica Bank
- **Servicing:** Comerica Bank (TX)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*