# PPP loan: SAGEMARK LTD
> **$701K** approved 04/10/2020 · Paid in Full · Loan `1233077108`
## Borrower
- **Name:** SAGEMARK LTD
- **Address:** 2322 3rd Avenue, ROCK ISLAND, IL, 61201-8808
- **NAICS:** 722513
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $701K
- **Initial approval:** $756K
- **Forgiven:** $705K (101%)
- **Forgiveness date:** 11/03/2020
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $701K
- **Jobs reported:** 151
## Lender
- **Originating:** American Bank and Trust Company, National Association
- **Servicing:** American Bank and Trust Company, National Association (IA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*