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
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

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