# PPP loan: OLSON FUNERAL & CREMATION SERVICES, LTD
> **$224K** approved 04/10/2020 · Paid in Full · Loan `1752527103`
## Borrower
- **Name:** OLSON FUNERAL & CREMATION SERVICES, LTD
- **Address:** 1001  2ND AVE, ROCKFORD, IL, 61104-2114
- **NAICS:** 812210
- **Business type:** Limited Liability Partnership
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $224K
- **Initial approval:** $224K
- **Forgiven:** $225K (101%)
- **Forgiveness date:** 12/10/2020
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $190K
- **Rent:** $11K
- **Mortgage interest:** $13K
- **Utilities:** $10K
- **Jobs reported:** 20
## Lender
- **Originating:** First Mid Bank and Trust National Association
- **Servicing:** First Mid Bank & Trust, National Association (IL)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*