# PPP loan: STERLING SERVICE GROUP INC
> **$555K** approved 05/03/2020 · Paid in Full · Loan `9956367308`
## Borrower
- **Name:** STERLING SERVICE GROUP INC
- **Address:** 1150 Ensell Road, LAKE ZURICH, IL, 60047
- **NAICS:** 811412
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $555K
- **Initial approval:** $555K
- **Forgiven:** $562K (101%)
- **Forgiveness date:** 08/09/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $504K
- **Mortgage interest:** $8K
- **Utilities:** $5K
- **Health care:** $38K
- **Jobs reported:** 18
## Lender
- **Originating:** JPMorgan Chase Bank, National Association
- **Servicing:** JPMorgan Chase Bank, National Association (OH)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*