# PPP loan: BERGSTROM INC
> **$8.10M** approved 04/08/2020 · Paid in Full · Loan `8384567003`
## Borrower
- **Name:** BERGSTROM INC
- **Address:** 2390 Blackhawk Rd, ROCKFORD, IL, 61109-3602
- **NAICS:** 335312
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $8.10M
- **Initial approval:** $8.10M
- **Forgiven:** $8.26M (102%)
- **Forgiveness date:** 03/16/2022
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $6.15M
- **Rent:** $450K
- **Utilities:** $200K
- **Health care:** $1.10M
- **Debt interest:** $200K
- **Jobs reported:** 500
## Lender
- **Originating:** JPMorgan Chase Bank, National Association
- **Servicing:** JPMorgan Chase Bank, National Association (OH)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*