PPP Loan information for Rockford art museum

$79,640

Rockford art museum was initially approved for PPP Loan of amount $79,640, the current approved amount is $79,640. The loan was approved on 04/15/2020 by The Midland States Bank reported 5 jobs and $79,640 was used to fund payroll.

Rockford art museum is Existing or more than 2 years old

PPP Loan Search / IL / ROCKFORD / Rockford art museum

ROCKFORD ART MUSEUM

Date Approved

04/15/2020

SBA Office Code

0507

Processing Method

PPP

Borrower Name

ROCKFORD ART MUSEUM

Borrower Address

711 North Main Street

Borrower City

ROCKFORD

Borrower State

IL

Borrower Zip

61103

Loan Status Date

09/24/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

79640.00

Current Approval Amount

79640.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

21299

Servicing Lender Name

Midland States Bank

Servicing Lender Address

110 S. 5th St

Servicing Lender City

EFFINGHAM

Servicing Lender State

IL

Servicing Lender Zip

62401-2453

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

ROCKFORD

Project County Name

WINNEBAGO

Project State

IL

Project Zip

61103-1100

CD

IL-16

Jobs Reported

5

NAICS Code

712110

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

9640.00

Payroll Proceed

70000.00

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

21299

Originating Lender

Midland States Bank

Originating Lender City

EFFINGHAM

Originating Lender State

IL

Gender

Male Owned

Veteran

Unanswered

Non Profit

Y

Forgiveness Amount

80674.23

Forgiveness Date

08/10/2021

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