BEARINGS & DRIVES, INC. is a Minnesota corporation, registered on March 15, 1989. It is based at 20 Good Counsel Drv, Mankato, MN, 56001, USA. The company has since been marked inactive on the Minnesota register, is registered under company number 47713 and carries EIN 580536016. Public records for the company include 1 SoS registration, 4 licenses, 1 federal contract, 2 loan records and 2 Form 5500 filings. Every fact here is republished from an official public register and traces back to a primary source document.
| Legal entity name | BEARINGS & DRIVES, INC. |
|---|---|
| Principal address | 20 Good Counsel DrvMankato56001MNUnited States |
| Registration state | Minnesota |
| Status | Inactive |
| Formed in | North Dakota (foreign registration) |
| Home company | BEARINGS & DRIVES, INC. · Dissolved |
| Registered | 15 March 1989 (over 37 years ago) |
| Entity type | Corporation |
| Standing | not compliant |
| Company number | 47713 |
| EIN | 580536016 |
| LEI | 549300T8V6TPJ6OKVO72 |
| Employees (modeled) | ≈540 employees2013 |
| Registered agent | Barry Grant |
|---|
| Source registry | Minnesota Secretary of State · updated 10 August 2026 |
|---|
| Public records | 1 SoS registration |
|---|
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| Est. revenue (modeled) | $379.6M2013 |
|---|---|
| Federal contracts | $154K · 125 awards |
| SBA loans | $250K · approved amounts |
| Total obligated | $154K |
|---|---|
| Awards | 125 |
| Top agency | Department of Defense |
| Action date | Agency | Obligated | |
|---|---|---|---|
| 2024-12-16 | Department of Defense | $0 | |
| 2023-10-17 | Department of Defense | $-2148.12 | |
| 2022-11-18 | Department of Defense | $-1264.64 | |
| 2020-03-04 | Department of Defense | $-396.44 | |
| 2019-04-15 | Department of Defense | $-1253.21 | |
| 2018-11-30 | Department of Defense | $0 | |
| 2018-11-19 | Department of Defense | $-297.18 | |
| 2018-09-21 | Department of Defense | $-49.47 | |
| 2018-08-20 | Department of Defense | $0 | |
| 2018-08-20 | Department of Defense | $0 | |
| State | Business name | Filed | Registered agent | Officers | Status | |
|---|---|---|---|---|---|---|
| MinnesotaTHIS | BEARINGS & DRIVES, INC. | 1989-03-15 | Barry Grant | — | Inactive | |
Filing ID 47713 Jurisdiction Foreign · CorporationFormed in North Dakota Principal address 20 Good Counsel Drv, Mankato, MN, 56001, USA Registered agent Barry Grant Officers Not reported | ||||||
| North Dakota | BEARINGS & DRIVES, INC. | 1986-02-07 | ND Secretary of State (N.D.C.C. § 10-01.1-13) | — | Dissolved | |
Browse the indexed registries by state, or look up any debtor name free, at UCC lien search.
| State | License / ID | Type | Issued | Status | |
|---|---|---|---|---|---|
| Georgia | 0038 | General Business License | 2014-01-01 | Expired | |
| Georgia | 0038 | General Business License | 2013-01-01 | Renewed | |
| Georgia | 0038 | General Business License | 2012-01-01 | Renewed | |
| Georgia | 0038 | General Business License | 2011-01-01 | Renewed | |
| Amount | Approved | Lender | Jobs | Status | |
|---|---|---|---|---|---|
| $200,000 | 1996-07-16 | Tompkins Community Bank | — | P I F | |
| $50,000 | 1996-05-01 | Tompkins Community Bank | — | CANCLD | |
Employee-benefit plan filings by BEARINGS & DRIVES, INC. with the Department of Labor. Employee and revenue figures are modeled estimates derived from retirement-plan participant counts and industry ratios — not official headcount or reported revenue.
| Employees (modeled) | ≈540 · plan year 2013 |
|---|---|
| Est. annual revenue (modeled) | $379.6M |
| Benefit plans | 401(k) plan on file |
| Filing history | 15 plan years filed, 1999–2013 |
| Sponsor EIN | 58-0536016 |
| Plan year | Employees (est.) | Participants | Plan assets | Revenue (est.) | 401(k) | |
|---|---|---|---|---|---|---|
| 2013 | ≈540 | 486 (486 active) | — | $379.6M | Welfare | |
| 2012 | ≈273 | 246 (246 active) | — | $191.9M | Welfare | |
| 2011 | ≈272 | 248 (245 active) | — | $191.2M | Welfare | |
| 2010 | ≈329 | 312 (296 active) | $16.3M | $167.3M | 401(k) | |
| 2009 | ≈347 | 339 (312 active) | $13.9M | $158M | 401(k) | |
| 2008 | ≈346 | 324 (311 active) | $59,087 | $119.5M | Welfare | |
| 2007 | ≈360 | 297 (324 active) | $50,861 | $122.9M | Welfare | |
| 2006 | ≈330 | 295 (297 active) | $13.6M | $201M | 401(k) | |
| 2005 | ≈307 | 285 (276 active) | $11.1M | $182.6M | 401(k) | |
| 2004 | ≈317 | 307 (285 active) | $9.9M | $187.4M | 401(k) | |
Matched Form 5500 filing records:
| Plan | Plan year | Participants | EIN | |
|---|---|---|---|---|
| B & D RETIREMENT AND SAVINGS PLAN | — | — | — | |
| B & D RETIREMENT AND SAVINGS PLAN | — | — | — | |
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Netstate aggregates public records from federal, state and municipal sources; records are matched to this company by its registered legal names. Latest source snapshot 2026-07-17. Document getpalm-companies/4603-2311-6533.