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The Spectrum School

$93,000 PPP Loan in Rockford, Illinois

Loan Details

Loan Number
8023457010
Date Approved
Apr 8, 2020
Loan Status
Paid in Full
Initial Approval
$93,000
Current Approval
$93,000
Forgiveness Amount
$93,871
Forgiveness Date
Mar 22, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
The Spectrum School
Address
4848 Turner St
City
Rockford
State
Illinois
ZIP Code
61107-5029
Business Type
Sole Proprietorship
Industry (NAICS)
Educational Services (611110)
Business Age
Existing or more than 2 years old
Jobs Reported
17
Estimated Revenue
<$5M
Rural/Urban
Urban
Congressional District
IL-17

Loan Use Breakdown

Payroll
$88,000
Rent
$5,000

Lender Information

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

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