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Heartwood Creations, Inc.

$554,000 PPP Loan in Rockford, Illinois

Loan Details

Loan Number
4787257000
Date Approved
Apr 4, 2020
Loan Status
Paid in Full
Initial Approval
$554,000
Current Approval
$554,000
Forgiveness Amount
$557,293
Forgiveness Date
Nov 12, 2020
Term
24 months
Draw
First Draw

Business Information

Business Name
Heartwood Creations, Inc.
Address
2412 Grant Avenue
City
Rockford
State
Illinois
ZIP Code
61103-3944
Business Type
Corporation
Industry (NAICS)
Manufacturing (321114)
Business Age
Existing or more than 2 years old
Jobs Reported
67
Estimated Revenue
$66.5M
Rural/Urban
Urban
Congressional District
IL-17

Loan Use Breakdown

Payroll
$415,500
Utilities
$138,500

Lender Information

Servicing Lender
Northwest Bank of Rockford
Originating Lender
Northwest Bank of Rockford

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