The Observer
$90,100 PPP Loan in Rockford, Illinois
Loan Details
- Loan Number
- 5394477109
- Date Approved
- Apr 13, 2020
- Loan Status
- Paid in Full
- Initial Approval
- $90,100
- Current Approval
- $90,100
- Forgiveness Amount
- $90,876
- Forgiveness Date
- Mar 1, 2021
- Term
- 24 months
- Draw
- First Draw
Business Information
- Business Name
- The Observer
- Address
- 555 Colman Center Drive
- City
- Rockford
- State
- Illinois
- ZIP Code
- 61108-2705
- Business Type
- Non-Profit Organization
- Industry (NAICS)
- Other Services (except Public Administration) (813110)
- Business Age
- Existing or more than 2 years old
- Jobs Reported
- 7
- Estimated Revenue
- N/A (non-profit)
- Non-Profit
- Yes
- Rural/Urban
- Urban
- Congressional District
- IL-16
Loan Use Breakdown
- Payroll
- $90,100
Lender Information
- Servicing Lender
- American Community Bank & Trust
- Originating Lender
- American Community Bank & Trust
Other PPP Loans in Rockford, IL
| Business | Approved | |
|---|---|---|
| Bergstrom INC | $8,100,000 | |
| Rockford Orthopedic Associates Ltd | $7,217,200 | |
| Crusaders Central Clinic Association | $4,593,300 | |
| Rockford Toolcraft, Inc. | $4,445,000 | |
| Area Erectors, Inc. | $3,948,800 |
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