Rockford Independent Branch

$51,100 PPP Loan in Rockford, Illinois

Loan Details

Loan Number
5182917108
Date Approved
Apr 13, 2020
Loan Status
Paid in Full
Initial Approval
$51,100
Current Approval
$51,100
Forgiveness Amount
$51,463
Forgiveness Date
Jan 7, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Rockford Independent Branch
Address
Perryville Rd
ZIP Code
61107-6209
Business Type
Sole Proprietorship
Industry (NAICS)
Finance and Insurance (523930)
Business Age
Existing or more than 2 years old
Jobs Reported
4
Estimated Revenue
<$5M
Rural/Urban
Urban
Congressional District
IL-16

Loan Use Breakdown

Payroll
$38,325
Rent
$6,388
Utilities
$6,387

Lender Information

Servicing Lender
Johnson Bank
Originating Lender
Johnson Bank

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