Spectrum Insurance Agency, INC
$138,000 PPP Loan in Rockford, Illinois
Loan Details
- Loan Number
- 9290337106
- Date Approved
- Apr 15, 2020
- Loan Status
- Paid in Full
- Initial Approval
- $138,000
- Current Approval
- $138,000
- Forgiveness Amount
- $139,254
- Forgiveness Date
- Mar 18, 2021
- Term
- 24 months
- Draw
- First Draw
Business Information
- Business Name
- Spectrum Insurance Agency, INC
- Address
- 5301 E State Street Suite #201
- City
- Rockford
- State
- Illinois
- ZIP Code
- 61108-2392
- Business Type
- Corporation
- Industry (NAICS)
- Finance and Insurance (524113)
- Business Age
- Existing or more than 2 years old
- Jobs Reported
- 13
- Estimated Revenue
- $6.7M
- Rural/Urban
- Urban
- Congressional District
- IL-17
Loan Use Breakdown
- Payroll
- $132,882
- Rent
- $4,387
- Utilities
- $731
Lender Information
- Servicing Lender
- First Mid Bank & Trust, National Association
- Originating Lender
- First Mid Bank and Trust National Association
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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