# PPP loan: INFORMATION CONTROLS, INC.
> **$261K** approved 04/13/2020 · Paid in Full · Loan `4891327106`
## Borrower
- **Name:** INFORMATION CONTROLS, INC.
- **Address:** 1358 4TH AVE, ROCKFORD, IL, 61104-3164
- **NAICS:** 334516
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $261K
- **Initial approval:** $261K
- **Forgiven:** $263K (101%)
- **Forgiveness date:** 01/29/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $209K
- **Rent:** $39K
- **Utilities:** $5K
- **Debt interest:** $8K
- **Jobs reported:** 15
## Lender
- **Originating:** Byron Bank
- **Servicing:** Byron Bank (IL)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*