# PPP loan: ROCKFORD CENTRAL TILE AND TERRAZZO CO
> **$533K** approved 03/20/2021 · Paid in Full · Loan `5532848609`
## Borrower
- **Name:** ROCKFORD CENTRAL TILE AND TERRAZZO CO
- **Address:** 5139 American Rd, Rockford, IL, 61109-6310
- **NAICS:** 238340
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $533K
- **Initial approval:** $533K
- **Forgiven:** $542K (102%)
- **Forgiveness date:** 01/31/2023
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $533K
- **Utilities:** $1
- **Jobs reported:** 25
## Lender
- **Originating:** Midland States Bank
- **Servicing:** Midland States Bank (IL)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*