# PPP loan: INGERSOLL PRODUCTION SYSTEMS LLC
> **$502K** approved 04/15/2020 · Paid in Full · Loan `9873157102`
## Borrower
- **Name:** INGERSOLL PRODUCTION SYSTEMS LLC
- **Address:** 1301 Eddy Av, ROCKFORD, IL, 61103
- **NAICS:** 333514
- **Business type:** Limited  Liability Company(LLC)
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $502K
- **Initial approval:** $502K
- **Forgiven:** $479K (95%)
- **Forgiveness date:** 03/31/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $502K
- **Jobs reported:** 33
## Lender
- **Originating:** Midland States Bank
- **Servicing:** Midland States Bank (IL)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*