# PPP loan: ROCK RIVER VALLEY FLOORING
> **$647K** approved 04/05/2020 · Paid in Full · Loan `5369057001`
## Borrower
- **Name:** ROCK RIVER VALLEY FLOORING
- **Address:** 750 N MADISON ST, ROCKFORD, IL, 61107-3934
- **NAICS:** 442210
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $647K
- **Initial approval:** $647K
- **Forgiven:** $654K (101%)
- **Forgiveness date:** 05/10/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $600K
- **Rent:** $27K
- **Utilities:** $20K
- **Jobs reported:** 20
## Lender
- **Originating:** Northwest Bank of Rockford
- **Servicing:** Northwest Bank of Rockford (IL)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*