# PPP loan: STERLING HOSPITALITY LLC
> **$176K** approved 04/06/2020 · Paid in Full · Loan `5757207000`
## Borrower
- **Name:** STERLING HOSPITALITY LLC
- **Address:** 2350 Commerce Dr NW, ROCHESTER, MN, 55901-3250
- **NAICS:** 721110
- **Business type:** Limited  Liability Company(LLC)
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $176K
- **Initial approval:** $176K
- **Forgiven:** $177K (101%)
- **Forgiveness date:** 01/07/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $141K
- **Utilities:** $35K
- **Jobs reported:** 31
## Lender
- **Originating:** BNC National Bank
- **Servicing:** BNC National Bank (AZ)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*