# PPP loan: ROCKFORD SPRING COMPANY
> **$1.20M** approved 03/12/2021 · Paid in Full · Loan `9353278509`
## Borrower
- **Name:** ROCKFORD SPRING COMPANY
- **Address:** 3801 S Central Ave, Rockford, IL, 61102-4249
- **NAICS:** 332613
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $1.20M
- **Initial approval:** $1.20M
- **Forgiven:** $1.22M (101%)
- **Forgiveness date:** 05/16/2022
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $1.20M
- **Utilities:** $1
- **Jobs reported:** 90
## 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*