# PPP loan: STERLINGWEAR OF BOSTON INC
> **$1.08M** approved 01/30/2021 · Charged Off · Loan `9171088303`
## Borrower
- **Name:** STERLINGWEAR OF BOSTON INC
- **Address:** 175 William F McClellan Hwy, Boston, MA, 02128-1185
- **NAICS:** 315280
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $1.08M
- **Initial approval:** $1.08M
- **Forgiven:** $989K (91%)
- **Forgiveness date:** 12/01/2022
- **Status:** Charged Off
- **Term:** 32 months
## Use of funds
- **Payroll:** $1.08M
- **Utilities:** $1
- **Jobs reported:** 40
## Lender
- **Originating:** Bank of America, National Association
- **Servicing:** Bank of America, National Association (NC)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*