# PPP loan: STERLING CUSTOM SHEET METAL, INC.
> **$388K** approved 05/01/2020 · Paid in Full · Loan `2497577702`
## Borrower
- **Name:** STERLING CUSTOM SHEET METAL, INC.
- **Address:** 27112 FM 2978 RD, Magnolia, TX, 77354
- **NAICS:** 332322
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $388K
- **Initial approval:** $388K
- **Forgiven:** $390K (101%)
- **Forgiveness date:** 01/06/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $388K
- **Jobs reported:** 56
## Lender
- **Originating:** JPMorgan Chase Bank, National Association
- **Servicing:** JPMorgan Chase Bank, National Association (OH)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*