Date Approved
03/28/2021
SBA Office Code
0507
Processing Method
PPS
Borrower Name
SPECIAL POWER INC
Borrower Address
1226 18th Ave
Borrower City
Rockford
Borrower State
IL
Borrower Zip
61104-5348
Loan Status Date
02/18/2022
Loan Status
Paid in Full
Term
60
SBA Guaranty Percentage
100
Initial Approval Amount
584888.52
Current Approval Amount
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
Servicing Lender Zip
62401-2453
Rural Urban Indicator
U
Hubzone Indicator
Y
HLMI Indicator
Business Age Description
Existing or more than 2 years old
Project City
Project County Name
WINNEBAGO
Project State
Project Zip
CD
IL-17
Jobs Reported
18
NAICS Code
238210
Race
White
Ethnicity
Not Hispanic or Latino
Utilities Proceed
1.00
Payroll Proceed
584884.52
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
Male Owned
Veteran
Non-Veteran
Non Profit
Forgiveness Amount
589359.31
Forgiveness Date
01/11/2022