PPP Loan information for Rockford tool and manufacturing co

$124,362

Rockford tool and manufacturing co was initially approved for PPP Loan of amount $124,362, the current approved amount is $124,362. The loan was approved on 03/20/2021 by The Midland States Bank reported 9 jobs and $124,362 was used to fund payroll.

Rockford tool and manufacturing co is Existing or more than 2 years old

ROCKFORD TOOL AND MANUFACTURING CO

Date Approved

03/20/2021

SBA Office Code

0507

Processing Method

PPS

Borrower Name

ROCKFORD TOOL AND MANUFACTURING CO

Borrower Address

3023 Eastrock Ct

Borrower City

Rockford

Borrower State

IL

Borrower Zip

61109-1761

Loan Status Date

01/19/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

124362.12

Current Approval Amount

124362.12

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

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

61109-1761

CD

IL-17

Jobs Reported

9

NAICS Code

333514

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

124361.12

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

Subchapter S Corporation

Originating Lender Location Id

21299

Originating Lender

Midland States Bank

Originating Lender City

EFFINGHAM

Originating Lender State

IL

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

125247.99

Forgiveness Date

12/15/2021

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