# PPP loan: LONNIES CARPET CONNECTION
> **$258K** approved 04/11/2020 · Paid in Full · Loan `3560307101`
## Borrower
- **Name:** LONNIES CARPET CONNECTION
- **Address:** 6551 E. Riverside BLVD, ROCKFORD, IL, 61114-4423
- **NAICS:** 442210
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $258K
- **Initial approval:** $258K
- **Forgiven:** $260K (101%)
- **Forgiveness date:** 04/29/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $258K
- **Jobs reported:** 23
## 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*