PPP Loan information for Severson of illinois, inc.

$43,900

Severson of illinois, inc. was initially approved for PPP Loan of amount $43,900, the current approved amount is $43,900. The loan was approved on 04/28/2020 by The State Bank reported 5 jobs and $43,900 was used to fund payroll.

Severson of illinois, inc. is Existing or more than 2 years old

SEVERSON OF ILLINOIS, INC.

Date Approved

04/28/2020

SBA Office Code

0507

Processing Method

PPP

Borrower Name

SEVERSON OF ILLINOIS, INC.

Borrower Address

4498 STEWARD RD

Borrower City

ROCKFORD

Borrower State

IL

Borrower Zip

61101-2003

Loan Status Date

12/10/2020

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

43900.00

Current Approval Amount

43900.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

124041

Servicing Lender Name

State Bank

Servicing Lender Address

1718 S Dirck Dr

Servicing Lender City

FREEPORT

Servicing Lender State

IL

Servicing Lender Zip

61032-6707

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

61101-2003

CD

IL-16

Jobs Reported

5

NAICS Code

484220

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

5487.50

Payroll Proceed

32925.00

Mortgage Interest Proceed

5487.50

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

124041

Originating Lender

State Bank

Originating Lender City

FREEPORT

Originating Lender State

IL

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

44121.94

Forgiveness Date

11/05/2020

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