Olson Funeral & Cremation Services, Ltd
$224,000 PPP Loan in Rockford, Illinois
Loan Details
- Loan Number
- 1752527103
- Date Approved
- Apr 10, 2020
- Loan Status
- Paid in Full
- Initial Approval
- $224,000
- Current Approval
- $224,000
- Forgiveness Amount
- $225,468
- Forgiveness Date
- Dec 10, 2020
- Term
- 24 months
- Draw
- First Draw
Business Information
- Business Name
- Olson Funeral & Cremation Services, Ltd
- Address
- 1001 2nd Ave
- City
- Rockford
- State
- Illinois
- ZIP Code
- 61104-2114
- Business Type
- Limited Liability Partnership
- Industry (NAICS)
- Other Services (except Public Administration) (812210)
- 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
- $190,000
- Rent
- $11,000
- Utilities
- $10,000
- Mortgage Interest
- $13,000
Lender Information
- Servicing Lender
- First Mid Bank & Trust, National Association
- Originating Lender
- First Mid Bank and Trust National Association
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