# PPP loan: STERLING FOODS LLC
> **$265K** approved 04/08/2020 · Paid in Full · Loan `7942317010`
## Borrower
- **Name:** STERLING FOODS LLC
- **Address:** 10657 Sterling Dr, Woodbury, MN, 55129-8540
- **NAICS:** 722513
- **Business type:** Limited  Liability Company(LLC)
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $265K
- **Initial approval:** $265K
- **Forgiven:** $267K (101%)
- **Forgiveness date:** 01/14/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $265K
- **Jobs reported:** 63
## Lender
- **Originating:** First American Bank
- **Servicing:** First American Bank (IL)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*