PPP Loan Data — Sterling Computers Corporation, North Sioux City, SD
Sterling Computers Corporation
Entity: Subchapter S Corporation
Location: North Sioux City, SDTweet This • Search All PPP Data
Sterling Computers Corporation is a subchapter s corporation located at 303 Centennial Dr in North Sioux City, South Dakota that received a Coronavirus-related PPP loan from the SBA of $3,519,300.00 in April, 2020.
The company has reported itself as a male owned business, and employed at least 205 people during the applicable loan loan period.
$ PPP Loan Information
Lender:THE SECURITY NATIONAL BANK OF SIOUX CITY, IOWA
Sterling Computers Corporation in North Sioux City, SD received a Paycheck Protection Loan of $3.52M through THE SECURITY NATIONAL BANK OF SIOUX CITY, IOWA, which was approved in April, 2020.
Based on standard PPP eligibility rules, Sterling Computers Corporation's total 2019 payroll expenses were approximately $16.89M in order to qualify for the PPP loan amount received.
Based on their reported 205 jobs retained, this equals an estimated average yearly compensation of $82,403 per employee1.
Business Information - Sterling Computers Corporation in North Sioux City, SD
303 Centennial Dr
North Sioux City, SD 57049
Computer and Computer Peripheral Equipment and Software Merchant Wholesalers (NAICS code 423430)
Business Owner Demographics
Race / Ethnicity: Unreported
Gender: MALE OWNED
Veteran Status: NON-VETERANCongressional District: SD-
Industry PPP Comparison Statistics
Nationwide, 2,714 businesses in the "Computer and Computer Peripheral Equipment and Software Merchant Wholesalers" industry received a total of $530,433,905.00 in PPP loans. These businesses account for 0% of total PPP applications submitted, and received 0% of the total PPP funding allocated.
PPP recipients in this industry report an average of 12 employees, 94% lower than Sterling Computers Corporation's reported 205 employees, and received an average PPP loan of $195,444, 94% lower than this company's loan of $3.52M.
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Footnotes & Information
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