# PPP loan: HEARTWOOD CREATIONS INC.
> **$554K** approved 01/19/2021 · Paid in Full · Loan `1652358306`
## Borrower
- **Name:** HEARTWOOD CREATIONS INC.
- **Address:** 2412 Grant Ave, Rockford, IL, 61103-3944
- **NAICS:** 424990
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $554K
- **Initial approval:** $554K
- **Forgiven:** $557K (101%)
- **Forgiveness date:** 08/10/2021
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $554K
- **Utilities:** $1
- **Jobs reported:** 64
## Lender
- **Originating:** Northwest Bank of Rockford
- **Servicing:** Northwest Bank of Rockford (IL)
---
*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · MORVS · CC0 1.0*