PPP Loan information for Ignition studio inc

$65,000

Ignition studio inc was initially approved for PPP Loan of amount $65,000, the current approved amount is $65,000. The loan was approved on 04/05/2020 by The Northwest Bank of Rockford reported 4 jobs and $65,000 was used to fund payroll.

Ignition studio inc is Existing or more than 2 years old

PPP Loan Search / IL / ROCKFORD / Ignition studio inc

IGNITION STUDIO INC

Date Approved

04/05/2020

SBA Office Code

0507

Processing Method

PPP

Borrower Name

IGNITION STUDIO INC

Borrower Address

1444 Myott Ave

Borrower City

ROCKFORD

Borrower State

IL

Borrower Zip

61103-6215

Loan Status Date

04/23/2022

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

65000.00

Current Approval Amount

65000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

22504

Servicing Lender Name

Northwest Bank of Rockford

Servicing Lender Address

3106 N Rockton Ave

Servicing Lender City

ROCKFORD

Servicing Lender State

IL

Servicing Lender Zip

61103-2837

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

ROCKFORD

Project County Name

WINNEBAGO

Project State

IL

Project Zip

61103-6215

CD

IL-17

Jobs Reported

4

NAICS Code

541310

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

4000.00

Payroll Proceed

53000.00

Mortgage Interest Proceed

0.00

Rent Proceed

8000.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Subchapter S Corporation

Originating Lender Location Id

22504

Originating Lender

Northwest Bank of Rockford

Originating Lender City

ROCKFORD

Originating Lender State

IL

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

65355.69

Forgiveness Date

10/29/2020

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