PPP Loan information for Sjostrom & sons, inc.

$2,655,427

Sjostrom & sons, inc. was initially approved for PPP Loan of amount $2,655,427, the current approved amount is $2,655,427. The loan was approved on 04/09/2020 by The Midland States Bank reported 83 jobs and $2,655,427 was used to fund payroll.

Sjostrom & sons, inc. is Existing or more than 2 years old

PPP Loan Search / IL / ROCKFORD / Sjostrom & sons, inc.

SJOSTROM & SONS, INC.

Date Approved

04/09/2020

SBA Office Code

0507

Processing Method

PPP

Borrower Name

SJOSTROM & SONS, INC.

Borrower Address

1129 Harrison Avenu

Borrower City

ROCKFORD

Borrower State

IL

Borrower Zip

61104-7239

Loan Status Date

07/17/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

2655427.00

Current Approval Amount

2655427.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

21299

Servicing Lender Name

Midland States Bank

Servicing Lender Address

110 S. 5th St

Servicing Lender City

EFFINGHAM

Servicing Lender State

IL

Servicing Lender Zip

62401-2453

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

ROCKFORD

Project County Name

WINNEBAGO

Project State

IL

Project Zip

61104-7239

CD

IL-17

Jobs Reported

83

NAICS Code

236220

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

55427.00

Payroll Proceed

2600000.00

Mortgage Interest Proceed

0.00

Rent Proceed

0.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Corporation

Originating Lender Location Id

21299

Originating Lender

Midland States Bank

Originating Lender City

EFFINGHAM

Originating Lender State

IL

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

2686273.60

Forgiveness Date

06/15/2021

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