# PPP loan: ROCKFORD BALL SCREW COMPANY
> **$1.06M** approved 02/01/2021 · Paid in Full · Loan `1287778402`
## Borrower
- **Name:** ROCKFORD BALL SCREW COMPANY
- **Address:** 940 Southrock Dr, Rockford, IL, 61102-4299
- **NAICS:** 332722
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $1.06M
- **Initial approval:** $1.06M
- **Forgiven:** $1.07M (101%)
- **Forgiveness date:** 01/06/2022
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $1.06M
- **Jobs reported:** 76
## Lender
- **Originating:** Illinois Bank and Trust, A Division of HTLF Bank
- **Servicing:** HTLF Bank (CO)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*