# PPP loan: LEADING EDGE GROUP, INC.
> **$500K** approved 04/06/2020 · Paid in Full · Loan `6444477004`
## Borrower
- **Name:** LEADING EDGE GROUP, INC.
- **Address:** 1800 16TH AVE, ROCKFORD, IL, 61104-5453
- **NAICS:** 332996
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $500K
- **Initial approval:** $500K
- **Forgiven:** $506K (101%)
- **Forgiveness date:** 07/19/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $412K
- **Rent:** $22K
- **Utilities:** $55K
- **Debt interest:** $11K
- **Jobs reported:** 41
## 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*