# PPP loan: FIRST ROCKFORD BUSINESS SERVICES INC.
> **$386K** approved 02/03/2021 · Paid in Full · Loan `2117738403`
## Borrower
- **Name:** FIRST ROCKFORD BUSINESS SERVICES INC.
- **Address:** 6801 Spring Creek Rd, Rockford, IL, 61114-7420
- **NAICS:** 561110
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $386K
- **Initial approval:** $386K
- **Forgiven:** $390K (101%)
- **Forgiveness date:** 03/15/2022
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $386K
- **Utilities:** $1
- **Jobs reported:** 194
## 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*