Rockford Mutual Insurance Company

$1,166,800 PPP Loan in Rockford, Illinois

Loan Details

Loan Number
4964007008
Date Approved
Apr 4, 2020
Loan Status
Paid in Full
Initial Approval
$1,166,800
Current Approval
$1,166,800
Forgiveness Amount
$1,173,347
Forgiveness Date
Nov 3, 2020
Term
24 months
Draw
First Draw

Business Information

Business Name
Rockford Mutual Insurance Company
Address
527 Colman Center Drive
ZIP Code
61108-2702
Business Type
Cooperative
Industry (NAICS)
Finance and Insurance (524126)
Business Age
New Business or 2 years or less
Jobs Reported
83
Estimated Revenue
$42.6M
Rural/Urban
Urban
Congressional District
IL-16

Loan Use Breakdown

Payroll
$875,100
Utilities
$145,850
Health Care
$145,850

Lender Information

Servicing Lender
St. Charles Bank & Trust Company, National Association
Originating Lender
St. Charles Bank & Trust Company, National Association

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