# PPP loan: STERLING PACIFIC LENDING INC.
> **$164K** approved 03/01/2021 · Paid in Full · Loan `5741098507`
## Borrower
- **Name:** STERLING PACIFIC LENDING INC.
- **Address:** 1205 Freedom Blvd Ste 2, Watsonville, CA, 95076-2777
- **NAICS:** 522310
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $164K
- **Initial approval:** $164K
- **Forgiven:** $166K (101%)
- **Forgiveness date:** 05/26/2022
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $164K
- **Utilities:** $1
- **Jobs reported:** 14
## Lender
- **Originating:** Santa Cruz County Bank
- **Servicing:** Santa Cruz County Bank (CA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*