Hoffman House of East Rockford

$1,044,701 PPP Loan in Rockford, Illinois

Loan Details

Loan Number
1487018500
Date Approved
Feb 19, 2021
Loan Status
Paid in Full
Initial Approval
$1,044,701
Current Approval
$1,044,701
Forgiveness Amount
$1,049,112
Forgiveness Date
Jul 27, 2021
Term
60 months
Draw
Second Draw

Business Information

Business Name
Hoffman House of East Rockford
Address
7550 E State St
ZIP Code
61108-2716
Business Type
Corporation
Industry (NAICS)
Accommodation and Food Services (722511)
Business Age
Existing or more than 2 years old
Jobs Reported
189
Estimated Revenue
$33.6M
Rural/Urban
Urban
Congressional District
IL-16

Loan Use Breakdown

Payroll
$1,044,700

Lender Information

Servicing Lender
Cbi Bank & Trust
Originating Lender
Cbi Bank and Trust

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