PPP Loan information for State farm

$60,800

State farm was initially approved for PPP Loan of amount $60,800, the current approved amount is $60,800. The loan was approved on 04/28/2020 by The Northwest Bank of Rockford reported 6 jobs and $60,800 was used to fund payroll.

State farm is Existing or more than 2 years old

PPP Loan Search / IL / ROCKFORD / State farm

STATE FARM

Date Approved

04/28/2020

SBA Office Code

0507

Processing Method

PPP

Borrower Name

STATE FARM

Borrower Address

3957 N Mulford Rd Suite C

Borrower City

ROCKFORD

Borrower State

IL

Borrower Zip

61114-8004

Loan Status Date

04/23/2022

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

60800.00

Current Approval Amount

60800.00

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

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

61114-8004

CD

IL-17

Jobs Reported

6

NAICS Code

524210

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

800.00

Payroll Proceed

56000.00

Mortgage Interest Proceed

0.00

Rent Proceed

4000.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Sole Proprietorship

Originating Lender Location Id

22504

Originating Lender

Northwest Bank of Rockford

Originating Lender City

ROCKFORD

Originating Lender State

IL

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

61129.33

Forgiveness Date

11/20/2020

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