# PPP loan: ROCKFORD SPRING COMPANY
> **$1.12M** approved 04/13/2020 · Paid in Full · Loan `5148077101`
## Borrower
- **Name:** ROCKFORD SPRING COMPANY
- **Address:** 3801 S Central Avenue, ROCKFORD, IL, 61125-0266
- **NAICS:** 332999
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $1.12M
- **Initial approval:** $1.12M
- **Forgiven:** $1.13M (101%)
- **Forgiveness date:** 06/17/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $1.04M
- **Rent:** $81K
- **Jobs reported:** 105
## Lender
- **Originating:** First Mid Bank and Trust National Association
- **Servicing:** First Mid Bank & Trust, National Association (IL)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*