# PPP loan: ROCKFORD LINEAR ACTUATION, INC.
> **$161K** approved 04/13/2020 · Paid in Full · Loan `5161627105`
## Borrower
- **Name:** ROCKFORD LINEAR ACTUATION, INC.
- **Address:** 2111  23RD AVE, ROCKFORD, IL, 61104-7332
- **NAICS:** 333995
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $161K
- **Initial approval:** $161K
- **Forgiven:** $162K (101%)
- **Forgiveness date:** 11/03/2020
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $147K
- **Rent:** $6K
- **Mortgage interest:** $3K
- **Utilities:** $5K
- **Jobs reported:** 14
## 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*