# PPP loan: ROCKFORD MANUFACTURING GROUP INC
> **$700K** approved 04/10/2020 · Paid in Full · Loan `2181027106`
## Borrower
- **Name:** ROCKFORD MANUFACTURING GROUP INC
- **Address:** 14343 Industrial Parkway, SOUTH BELOIT, IL, 61080-2603
- **NAICS:** 333517
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $700K
- **Initial approval:** $700K
- **Forgiven:** $707K (101%)
- **Forgiveness date:** 04/20/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $700K
- **Jobs reported:** 47
## Lender
- **Originating:** Midland States Bank
- **Servicing:** Midland States Bank (IL)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*