# PPP loan: STERLING EVENTS HOSPITALITY LTD
> **$350K** approved 01/21/2021 · Paid in Full · Loan `2986618306`
## Borrower
- **Name:** STERLING EVENTS HOSPITALITY LTD
- **Address:** 6134 E Highway 290, Austin, TX, 78723-1024
- **NAICS:** 722320
- **Business type:** Partnership
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $350K
- **Initial approval:** $350K
- **Forgiven:** $352K (101%)
- **Forgiveness date:** 08/25/2021
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $350K
- **Utilities:** $1
- **Jobs reported:** 60
## Lender
- **Originating:** Horizon Bank SSB
- **Servicing:** Horizon Bank SSB (TX)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*