# PPP loan: STEPPING STONES OF ROCKFORD, INC.
> **$821K** approved 04/14/2020 · Paid in Full · Loan `6012837110`
## Borrower
- **Name:** STEPPING STONES OF ROCKFORD, INC.
- **Address:** 706 N MAIN STREET, ROCKFORD, IL, 61103-6904
- **NAICS:** 623220
- **Business type:** Non-Profit Organization
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $821K
- **Initial approval:** $821K
- **Forgiven:** $829K (101%)
- **Forgiveness date:** 03/18/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $804K
- **Rent:** $1K
- **Utilities:** $11K
- **Debt interest:** $5K
- **Jobs reported:** 128
## 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*