# PPP loan: EVERGREEN IRRIGATION INC
> **$229K** approved 05/01/2020 · Paid in Full · Loan `1241847702`
## Borrower
- **Name:** EVERGREEN IRRIGATION INC
- **Address:** 828 21ST ST, ROCKFORD, IL, 61108
- **NAICS:** 238220
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $229K
- **Initial approval:** $229K
- **Forgiven:** $231K (101%)
- **Forgiveness date:** 01/07/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $213K
- **Rent:** $12K
- **Utilities:** $3K
- **Debt interest:** $2K
- **Jobs reported:** 24
## Lender
- **Originating:** JPMorgan Chase Bank, National Association
- **Servicing:** JPMorgan Chase Bank, National Association (OH)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*