# PPP loan: STERING BAY, LLC
> **$4.43M** approved 04/06/2020 · Paid in Full · Loan `5903467007`
## Borrower
- **Name:** STERING BAY, LLC
- **Address:** 1330 W Fulton Suite 800, CHICAGO, IL, 60607
- **NAICS:** 236220
- **Business type:** Limited  Liability Company(LLC)
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $4.43M
- **Initial approval:** $4.43M
- **Forgiven:** $4.49M (101%)
- **Forgiveness date:** 08/12/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $3.32M
- **Rent:** $554K
- **Utilities:** $554K
- **Jobs reported:** 189
## Lender
- **Originating:** Wintrust Bank, National Association
- **Servicing:** Wintrust Bank, National Association (IL)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*