# PPP loan: CONCENTRIC ROCKFORD INC.
> **$2.60M** approved 04/15/2020 · Paid in Full · Loan `9374717110`
## Borrower
- **Name:** CONCENTRIC ROCKFORD INC.
- **Address:** 2222 15TH STREET, ROCKFORD, IL, 61104
- **NAICS:** 423830
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $2.60M
- **Initial approval:** $2.60M
- **Forgiven:** $708K (27%)
- **Forgiveness date:** 06/11/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $2.60M
- **Jobs reported:** 156
## Lender
- **Originating:** BMO Bank National Association
- **Servicing:** BMO Bank National Association (IL)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*