Sterling Asset Recovery Inc
In this article we will take a look at recent filings by Sterling Asset Recovery Inc, and estimate its 2019 revenue and payroll expenses. To do this, we will use the standard PPP eligibility formula. The company has to make at least $2.21M in payroll expenses in 2019. We will also take a look at the industry to see whether it is profitable. In fact, a number of local businesses in Panorama City have received PPP loans. The average loan size was $57,871.
Recent filings for Sterling Asset Recovery Inc
Sterling Asset Recovery Inc. is a company that was set up in August of 2002 in the state of Arizona. The company is based in Tucson, Arizona and has its main address at 2826 E Devon Street. It is involved in the collection of debts from various clients. It was recently involved in a legal case filed against Gngs Commerical Finance Co Inc.
In addition to the foreclosure process, Sterling also provides other services for distressed debtors. The company offers a range of loan products to various commercial and residential markets. It also has an operations center in Southfield, Michigan. It is owned by Sterling capital, a private equity firm. The company is not publicly traded.
Estimated 2019 revenue
Sterling Asset Recovery estimates 2019 revenue are based on speculation as to the pound’s direction. But the figures should not be taken as fact. The company said the figures reflected the pound’s fluctuations and did not reflect the amount of money that is leaving Britain. The company’s revenue will be less compared to what it was expected to earn in the past year.
Estimated 2019 payroll expenses
Estimated 2019 payroll expenses for Sterling Asset Recovery Inc are calculated using the standard PPP formula. The payroll expense of the company must be more than $2.21M. In the fourth quarter of 2018, the company paid a non-interest expense of $13.7 million. This decrease was primarily due to lower salary and employee benefits expenses, which is typical of seasonal patterns. However, this decrease was partially offset by higher salary expenses and payroll taxes.