PPP Loan information for Rockford independent branch

$51,100

Rockford independent branch was initially approved for PPP Loan of amount $51,100, the current approved amount is $51,100. The loan was approved on 04/13/2020 by The Johnson Bank reported 4 jobs and $51,100 was used to fund payroll.

Rockford independent branch is Existing or more than 2 years old

ROCKFORD INDEPENDENT BRANCH

Date Approved

04/13/2020

SBA Office Code

0507

Processing Method

PPP

Borrower Name

ROCKFORD INDEPENDENT BRANCH

Borrower Address

PERRYVILLE RD

Borrower City

ROCKFORD

Borrower State

IL

Borrower Zip

61107-6209

Loan Status Date

02/06/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

51100.00

Current Approval Amount

51100.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

77025

Servicing Lender Name

Johnson Bank

Servicing Lender Address

555 Main St

Servicing Lender City

RACINE

Servicing Lender State

WI

Servicing Lender Zip

53403-1032

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

61107-6209

CD

IL-16

Jobs Reported

4

NAICS Code

523930

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

6387.00

Payroll Proceed

38325.00

Mortgage Interest Proceed

0.00

Rent Proceed

6388.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Sole Proprietorship

Originating Lender Location Id

77025

Originating Lender

Johnson Bank

Originating Lender City

RACINE

Originating Lender State

WI

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

51462.60

Forgiveness Date

01/07/2021

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