Aurora Bearing Company

$1,848,400 PPP Loan in Montgomery, Illinois

Loan Details

Loan Number
8902607101
Date Approved
Apr 15, 2020
Loan Status
Paid in Full
Initial Approval
$1,848,400
Current Approval
$1,848,400
Forgiveness Amount
$1,858,361
Forgiveness Date
Nov 3, 2020
Term
24 months
Draw
First Draw

Business Information

Business Name
Aurora Bearing Company
Address
901 Aucutt Rd
ZIP Code
60538-1338
Business Type
Corporation
Industry (NAICS)
Manufacturing (332991)
Business Age
Existing or more than 2 years old
Jobs Reported
221
Estimated Revenue
$54.0M
Rural/Urban
Urban
Congressional District
IL-14

Loan Use Breakdown

Payroll
$1,781,995
Utilities
$40,012
Mortgage Interest
$26,393

Lender Information

Servicing Lender
Old Second National Bank
Originating Lender
Old Second National Bank

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