Rockford Spring Company

$1,120,000 PPP Loan in Rockford, Illinois

Loan Details

Loan Number
5148077101
Date Approved
Apr 13, 2020
Loan Status
Paid in Full
Initial Approval
$1,120,000
Current Approval
$1,120,000
Forgiveness Amount
$1,133,253
Forgiveness Date
Jun 17, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Rockford Spring Company
Address
3801 S Central Avenue
ZIP Code
61125-0266
Business Type
Corporation
Industry (NAICS)
Manufacturing (332999)
Business Age
Existing or more than 2 years old
Jobs Reported
105
Estimated Revenue
$25.7M
Rural/Urban
Urban
Congressional District
IL-17

Loan Use Breakdown

Payroll
$1,038,764
Rent
$81,236

Lender Information

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

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