PPP Loan information for Rockford mutual insurance company

$1,166,800

Rockford mutual insurance company was initially approved for PPP Loan of amount $1,166,800, the current approved amount is $1,166,800. The loan was approved on 04/04/2020 by The St. Charles Bank & Trust Company, National Association reported 83 jobs and $1,166,800 was used to fund payroll.

Rockford mutual insurance company is New Business or 2 years or less

PPP Loan Search / IL / ROCKFORD / Rockford mutual insurance company

ROCKFORD MUTUAL INSURANCE COMPANY

Date Approved

04/04/2020

SBA Office Code

0507

Processing Method

PPP

Borrower Name

ROCKFORD MUTUAL INSURANCE COMPANY

Borrower Address

527 Colman Center Drive

Borrower City

ROCKFORD

Borrower State

IL

Borrower Zip

61108-2702

Loan Status Date

06/10/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

1166800.00

Current Approval Amount

1166800.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

111865

Servicing Lender Name

St. Charles Bank & Trust Company, National Association

Servicing Lender Address

411 W Main St

Servicing Lender City

SAINT CHARLES

Servicing Lender State

IL

Servicing Lender Zip

60174-1815

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

New Business or 2 years or less

Project City

ROCKFORD

Project County Name

WINNEBAGO

Project State

IL

Project Zip

61108-2702

CD

IL-16

Jobs Reported

83

NAICS Code

524126

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

145850.00

Payroll Proceed

875100.00

Mortgage Interest Proceed

0.00

Rent Proceed

0.00

Refinance EIDL Proceed

0.00

Health Care Proceed

145850.00

Debt Interest Proceed

0

Business Type

Cooperative

Originating Lender Location Id

111865

Originating Lender

St. Charles Bank & Trust Company, National Association

Originating Lender City

SAINT CHARLES

Originating Lender State

IL

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

1173347.04

Forgiveness Date

11/03/2020

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