# PPP loan: HOFFMAN HOUSE OF EAST ROCKFORD
> **$746K** approved 04/06/2020 · Paid in Full · Loan `5622677004`
## Borrower
- **Name:** HOFFMAN HOUSE OF EAST ROCKFORD
- **Address:** 7550 E State Street, ROCKFORD, IL, 61108-2716
- **NAICS:** 722511
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $746K
- **Initial approval:** $746K
- **Forgiven:** $753K (101%)
- **Forgiveness date:** 02/18/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $746K
- **Jobs reported:** 100
## Lender
- **Originating:** CBI Bank and Trust
- **Servicing:** CBI Bank & Trust (IA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*