PPP Loan information for Rockford tech - systems, inc

$207,500

Rockford tech - systems, inc was initially approved for PPP Loan of amount $207,500, the current approved amount is $207,500. The loan was approved on 04/06/2020 by The Northwest Bank of Rockford reported 15 jobs and $207,500 was used to fund payroll.

Rockford tech - systems, inc is Existing or more than 2 years old

ROCKFORD TECH - SYSTEMS, INC

Date Approved

04/06/2020

SBA Office Code

0507

Processing Method

PPP

Borrower Name

ROCKFORD TECH - SYSTEMS, INC

Borrower Address

3549 MERCHANDISE DR

Borrower City

ROCKFORD

Borrower State

IL

Borrower Zip

61109-2513

Loan Status Date

04/23/2022

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

207500.00

Current Approval Amount

207500.00

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

Y

Business Age Description

Existing or more than 2 years old

Project City

ROCKFORD

Project County Name

WINNEBAGO

Project State

IL

Project Zip

61109-2513

CD

IL-17

Jobs Reported

15

NAICS Code

561621

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

25938.00

Payroll Proceed

155625.00

Mortgage Interest Proceed

0.00

Rent Proceed

25937.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Corporation

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

Forgiveness Amount

208629.72

Forgiveness Date

11/03/2020

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