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Special Power, Inc.

$695,555 PPP Loan in Rockford, Illinois

Loan Details

Loan Number
7136767109
Date Approved
Apr 14, 2020
Loan Status
Paid in Full
Initial Approval
$695,555
Current Approval
$695,555
Forgiveness Amount
$703,082
Forgiveness Date
Dec 6, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Special Power, Inc.
Address
1226 18th Ave
City
Rockford
State
Illinois
ZIP Code
61104
Business Type
Subchapter S Corporation
Industry (NAICS)
Construction (238210)
Business Age
Existing or more than 2 years old
Jobs Reported
23
Estimated Revenue
$7.6M
Rural/Urban
Urban
Congressional District
IL-17

Loan Use Breakdown

Payroll
$695,000
Utilities
$555

Lender Information

Servicing Lender
Midland States Bank
Originating Lender
Midland States Bank

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