# PPP loan: URBAN EQUITY PROPERTIES, LLC
> **$154K** approved 04/27/2020 · Paid in Full · Loan `4081147207`
## Borrower
- **Name:** URBAN EQUITY PROPERTIES, LLC
- **Address:** 401 E State St, ROCKFORD, IL, 61104-1027
- **NAICS:** 531311
- **Business type:** Limited  Liability Company(LLC)
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $154K
- **Initial approval:** $154K
- **Forgiven:** $155K (101%)
- **Forgiveness date:** 01/26/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $146K
- **Rent:** $6K
- **Utilities:** $2K
- **Jobs reported:** 13
## Lender
- **Originating:** Central Bank Illinois
- **Servicing:** Central Bank Illinois (IL)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*