# PPP loan: STERLING STRUCTURES, INC
> **$495K** approved 04/07/2020 · Paid in Full · Loan `7061777008`
## Borrower
- **Name:** STERLING STRUCTURES, INC
- **Address:** 1425 Woodvine, HOUSTON, TX, 77055-5013
- **NAICS:** 236220
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $495K
- **Initial approval:** $495K
- **Forgiven:** $498K (101%)
- **Forgiveness date:** 11/03/2020
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $380K
- **Rent:** $28K
- **Utilities:** $64K
- **Health care:** $22K
- **Debt interest:** $695
- **Jobs reported:** 30
## Lender
- **Originating:** Bank of Houston
- **Servicing:** Bank of Houston (TX)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*