PPP Loan information for Rockford area arts council

$31,760

Rockford area arts council was initially approved for PPP Loan of amount $31,760, the current approved amount is $31,760. The loan was approved on 02/26/2021 by The Northwest Bank of Rockford reported 2 jobs and $31,760 was used to fund payroll.

Rockford area arts council is Existing or more than 2 years old

ROCKFORD AREA ARTS COUNCIL

Date Approved

02/26/2021

SBA Office Code

0507

Processing Method

PPS

Borrower Name

ROCKFORD AREA ARTS COUNCIL

Borrower Address

713 E State St

Borrower City

Rockford

Borrower State

IL

Borrower Zip

61104-1020

Loan Status Date

04/23/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

31760.00

Current Approval Amount

31760.00

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

Y

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

61104-1020

CD

IL-17

Jobs Reported

2

NAICS Code

813410

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

31760.00

Mortgage Interest Proceed

0.00

Rent Proceed

0.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Non-Profit Organization

Originating Lender Location Id

22504

Originating Lender

Northwest Bank of Rockford

Originating Lender City

ROCKFORD

Originating Lender State

IL

Gender

Unanswered

Veteran

Unanswered

Non Profit

Y

Forgiveness Amount

31922.33

Forgiveness Date

09/09/2021

;