Rockford Mercantile Agency, Inc.

$204,300 PPP Loan in Rockford, Illinois

Loan Details

Loan Number
5862897010
Date Approved
Apr 6, 2020
Loan Status
Paid in Full
Initial Approval
$204,300
Current Approval
$204,300
Forgiveness Amount
$205,895
Forgiveness Date
Jan 25, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Rockford Mercantile Agency, Inc.
Address
2502 S Alpine Rd
ZIP Code
61108-7813
Business Type
Subchapter S Corporation
Industry (NAICS)
Administrative and Support and Waste Management (561440)
Business Age
Existing or more than 2 years old
Jobs Reported
21
Estimated Revenue
<$5M
Rural/Urban
Urban
Congressional District
IL-17

Loan Use Breakdown

Payroll
$170,000
Rent
$29,300
Utilities
$5,000

Lender Information

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

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