Instrucon, Inc.

$351,506 PPP Loan in Rockford, Illinois

Loan Details

Loan Number
1342587107
Date Approved
Apr 10, 2020
Loan Status
Paid in Full
Initial Approval
$351,506
Current Approval
$351,506
Forgiveness Amount
$353,586
Forgiveness Date
Nov 17, 2020
Term
24 months
Draw
First Draw

Business Information

Business Name
Instrucon, Inc.
Address
3415 Precision Drive
ZIP Code
61109-2771
Business Type
Corporation
Industry (NAICS)
Other Services (except Public Administration) (811219)
Business Age
Existing or more than 2 years old
Jobs Reported
20
Estimated Revenue
<$5M
Rural/Urban
Urban
Congressional District
IL-17

Loan Use Breakdown

Payroll
$333,931
Rent
$8,787
Utilities
$8,788

Lender Information

Servicing Lender
Midland States Bank
Originating Lender
Midland States Bank

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