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
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
Servicing Lender Zip
61032-6707
Rural Urban Indicator
U
Hubzone Indicator
N
HLMI Indicator
Business Age Description
Existing or more than 2 years old
Project City
Project County Name
WINNEBAGO
Project State
Project Zip
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
Rent Proceed
Refinance EIDL Proceed
Health Care Proceed
Debt Interest Proceed
0
Business Type
Subchapter S Corporation
Originating Lender Location Id
Originating Lender
Originating Lender City
Originating Lender State
Gender
Veteran
Non Profit
Forgiveness Amount
44121.94
Forgiveness Date
11/05/2020