# PPP loan: TODD ARTHURS COMPANY, INC.
> **$540K** approved 04/29/2020 · Paid in Full · Loan `3189267303`
## Borrower
- **Name:** TODD ARTHURS COMPANY, INC.
- **Address:** 1002 22nd St, ROCKFORD, IL, 61108
- **NAICS:** 454110
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $540K
- **Initial approval:** $540K
- **Forgiven:** $547K (101%)
- **Forgiveness date:** 08/17/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $539K
- **Utilities:** $855
- **Jobs reported:** 56
## 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*