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Rockford Ball Screw Company

$1,062,540 PPP Loan in Rockford, Illinois

Loan Details

Loan Number
1287778402
Date Approved
Feb 1, 2021
Loan Status
Paid in Full
Initial Approval
$1,062,540
Current Approval
$1,062,540
Forgiveness Amount
$1,072,117
Forgiveness Date
Jan 6, 2022
Term
60 months
Draw
Second Draw

Business Information

Business Name
Rockford Ball Screw Company
Address
940 Southrock Dr
City
Rockford
State
Illinois
ZIP Code
61102-4299
Business Type
Corporation
Industry (NAICS)
Manufacturing (332722)
Business Age
Existing or more than 2 years old
Jobs Reported
76
Estimated Revenue
$18.6M
Rural/Urban
Urban
Congressional District
IL-16

Loan Use Breakdown

Payroll
$1,062,540

Lender Information

Servicing Lender
Htlf Bank
Originating Lender
Illinois Bank and Trust, a Division of Htlf Bank

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