Title Underwriters Agency, Inc. of Rockford

$487,000 PPP Loan in Rockford, Illinois

Loan Details

Loan Number
2754607101
Date Approved
Apr 11, 2020
Loan Status
Paid in Full
Initial Approval
$487,000
Current Approval
$487,000
Forgiveness Amount
$493,020
Forgiveness Date
Jul 7, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Title Underwriters Agency, Inc. of Rockford
Address
126 N Water Street
ZIP Code
61107-3956
Business Type
Subchapter S Corporation
Industry (NAICS)
Finance and Insurance (524127)
Business Age
Existing or more than 2 years old
Jobs Reported
48
Estimated Revenue
$24.7M
Rural/Urban
Urban
Congressional District
IL-17

Loan Use Breakdown

Payroll
$402,790
Rent
$67,105
Debt Interest
$17,105

Lender Information

Servicing Lender
First Mid Bank & Trust, National Association
Originating Lender
First Mid Bank and Trust National Association

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