Winnebago County Awards $100,000 Financial Services Contract to Rockford Brake Manufacturing Inc (August 2026)
Winnebago CountyCounty · Rockford, IL- Disclosed value
- $100,000
- From agendapacket
- Approved
- Aug 13, 2026
- Renews
- Free account
The 30-second brief
Winnebago County approved a $100,000 Revolving Loan Fund loan to Rockford Brake Manufacturing, Inc. to finance inventory growth at its grey iron foundry on Peoples Avenue in Rockford. The 5-year loan at 8% interest is secured by subordinated liens on inventory and real estate and must be repaid before any stock warrants are exercised.
Rockford Brake Manufacturing Inc holds this financial services contract with Winnebago County.
The renewal date is on record. A free account shows it, with the renewals for every Winnebago County contract.
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Contract details
- Contract type
- Financial Services
- Amount
- $100,000
- Document date
- August 13, 2026
- Term
- 5 years at 8% interest, fully amortized over 5 years
- Renews
- Free account
- Agency
- Winnebago County
- Source document
- Winnebago County AgendaPacket 2026-08-13 (AgendaPacket)
Rockford Brake Manufacturing Inc's other public contracts
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Questions about this contract
Who was awarded the financial services contract by Winnebago County?
Rockford Brake Manufacturing Inc was awarded this financial services contract by Winnebago County, as recorded on August 13, 2026. The contract value is $100,000.
How much is the Rockford Brake Manufacturing Inc contract with Winnebago County worth?
The Rockford Brake Manufacturing Inc contract with Winnebago County is valued at $100,000, covering financial services work.
What type of contract is this?
This is a Financial Services contract, documented as a agendapacket record.
Where was this contract approved?
This contract appears in Winnebago County AgendaPacket 2026-08-13 (AgendaPacket), dated August 13, 2026 from Winnebago County. Civic IQ extracts contract records directly from agency meeting documents and solicitations.
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What other contracts does Rockford Brake Manufacturing Inc hold?
Rockford Brake Manufacturing Inc may hold additional government contracts. View their full contract history, the agencies they serve, and total tracked spend on their Civic IQ vendor profile.
What is Winnebago County currently buying?
Explore Winnebago County's vendors, signed contracts, and active RFPs on their Civic IQ agency profile.