# PPP loan: NORTHERN ILLINOIS TERRAZZO & TILE COMPANY
> **$978K** approved 04/09/2020 · Paid in Full · Loan `1132927104`
## Borrower
- **Name:** NORTHERN ILLINOIS TERRAZZO & TILE COMPANY
- **Address:** 1125 NORTH   2ND ST, ROCKFORD, IL, 61107-3008
- **NAICS:** 238340
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $978K
- **Initial approval:** $978K
- **Forgiven:** $989K (101%)
- **Forgiveness date:** 06/04/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $734K
- **Rent:** $147K
- **Utilities:** $98K
- **Jobs reported:** 25
## Lender
- **Originating:** St. Charles Bank & Trust Company, National Association
- **Servicing:** St. Charles Bank & Trust Company, National Association (IL)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*