# PPP loan: STERLING CORPORATION
> **$763K** approved 04/06/2020 · Paid in Full · Loan `5930967010`
## Borrower
- **Name:** STERLING CORPORATION
- **Address:** 27 STERLING RD, NORTH BILLERICA, MA, 01862-2518
- **NAICS:** 484110
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $763K
- **Initial approval:** $763K
- **Forgiven:** $767K (101%)
- **Forgiveness date:** 11/12/2020
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $763K
- **Jobs reported:** 59
## Lender
- **Originating:** Manufacturers and Traders Trust Company
- **Servicing:** Manufacturers and Traders Trust Company (NY)
---
*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*