FINANCIAL_SERVICESAPPROVED

Winnebago County Awards $100,000 Financial Services Contract to Rockford Brake Manufacturing Inc (August 2026)

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.

Status
APPROVED
Document date
August 13, 2026
Contract type
FINANCIAL_SERVICES
Vendor
Rockford Brake Manufacturing Inc
Agency
Winnebago County · IL

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Motive logo
Veritone logo
TerraCycle logo
Cyvl logo
WithersRavenel logo
Derivita logo
Comcate logo
SafeTouch logo
IANS Research logo
Motive logo
Veritone logo
TerraCycle logo
Cyvl logo
WithersRavenel logo
Derivita logo
Comcate logo
SafeTouch logo
IANS Research logo
Motive logo
Veritone logo
TerraCycle logo
Cyvl logo
WithersRavenel logo
Derivita logo
Comcate logo
SafeTouch logo
IANS Research logo

Scope & details

The full contract record, as filed.

Contract amount
$100,000
Contract type
FINANCIAL_SERVICES
Contract term
5 years at 8% interest, fully amortized over 5 years
Renewal date
2031-08-13
Renewal
Fixed 5-year term loan from the Revolving Loan Fund; fully amortized with no stated renewal or extension options.
Document type
AgendaPacket
Source document
Winnebago County AgendaPacket 2026-08-13

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Frequently asked questions

Common questions about this contract, answered from the record.

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.

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.

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What is Winnebago County currently buying?

Explore Winnebago County's vendors, signed contracts, and active RFPs on their Civic IQ agency profile.

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