# PPP loan: SDF INC.
> **$702K** approved 02/07/2021 · Exemption 4 · Loan `5128818402`
## Borrower
- **Name:** SDF INC.
- **Address:** 610 N Bell School Rd, Rockford, IL, 61107-5202
- **NAICS:** 722511
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $702K
- **Initial approval:** $702K
- **Forgiven:** $331K (47%)
- **Forgiveness date:** 05/10/2022
- **Status:** Exemption 4
- **Term:** 60 months
## Use of funds
- **Payroll:** $702K
- **Utilities:** $1
- **Jobs reported:** 146
## 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*