Ever Ready Grinding & Pin Manufacturing Llc

5560 International Dr, Rockford, IL 61109 · Precision Turned Product Manufacturing (NAICS 332721)

Loan Summary

Source: SBA FOIA Loan-Level Data

Total Loans

2

Total Amount

$4.5M

Jobs Supported

180

Years Active

2024–2024

Loan History (2)

Source: SBA FOIA
7(a)$4,040,000
Exempt
Approved
Feb 17, 2024 (FY2024)
SBA Guaranteed
$3,030,000 (75%)
Term
168 months (14.0 yrs)
Interest Rate
10.00%
Revolver
0
Jobs Supported
90
Business Type
Corporation
Business Age
Change of Ownership
Industry
Precision Turned Product Manufacturing (NAICS 332721)

Lender

Midland States Bank

110 S. 5th St, Effingham, IL 62401

Project Location

Winnebago County, IL

7(a)$500,000
Exempt
Approved
Feb 15, 2024 (FY2024)
SBA Guaranteed
$250,000 (50%)
Term
120 months (10.0 yrs)
Interest Rate
10.00%
Revolver
1
Jobs Supported
90
Business Type
Corporation
Business Age
Change of Ownership
Industry
Precision Turned Product Manufacturing (NAICS 332721)

Lender

Midland States Bank

110 S. 5th St, Effingham, IL 62401

Project Location

Winnebago County, IL

Business Details

Business Type
Corporation
Business Age
Change of Ownership
NAICS Code
332721 Precision Turned Product Manufacturing
Address
5560 International Dr
Rockford, IL 61109

Lender

Midland States Bank
110 S. 5th St, Effingham, IL 62401

Other SBA Borrowers in Rockford

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