Pacific Bearing Corp.
$3,013,253 PPP Loan in Roscoe, Illinois
Loan Details
- Loan Number
- 7372737004
- Date Approved
- Apr 7, 2020
- Loan Status
- Paid in Full
- Initial Approval
- $3,013,253
- Current Approval
- $3,013,253
- Forgiveness Amount
- $3,056,594
- Forgiveness Date
- Sep 21, 2021
- Term
- 24 months
- Draw
- First Draw
Business Information
- Business Name
- Pacific Bearing Corp.
- Address
- 6402 E Rockton Rd
- City
- Roscoe
- State
- Illinois
- ZIP Code
- 61073-8812
- Business Type
- Subchapter S Corporation
- Industry (NAICS)
- Manufacturing (332991)
- Business Age
- Existing or more than 2 years old
- Jobs Reported
- 244
- Estimated Revenue
- $59.6M
- Rural/Urban
- Urban
- Congressional District
- IL-16
Loan Use Breakdown
- Payroll
- $2,922,855
- Rent
- $30,133
- Utilities
- $30,133
- Health Care
- $30,133
Lender Information
- Servicing Lender
- Midland States Bank
- Originating Lender
- Midland States Bank
Other PPP Loans in Roscoe, IL
| Business | Approved | |
|---|---|---|
| Forest City Gear Company | $1,695,400 | |
| Rws Design and Controls, Inc. | $953,000 | |
| State Line Foundries INC | $798,288 | |
| Rockford Rigging Inc. | $768,917 | |
| State Line Foundries, Inc. | $721,000 |
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