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SBA lending record

Abbott Machine Company, Inc

700 West Broadway, Alton, IL 62002 · Machine Shops. The complete public SBA 7(a) record for this business — every loan, every field, the lender, and the map.

$2.3M

Total SBA financing

1

Loan on record

FY2022

On record

51

Jobs supported

business — business location is the ZIP-area centroid from the public record

Is Abbott Machine Company, Inc your business?

This record comes from public government lending data. Claim it to correct the details or tell your story — or ask us to take it down.

The loan

$2,268,500 — FY2022

Gross approval
$2,268,500
SBA guaranteed
$1,701,375 (75%)
Status
Current
Rate at approval
4.25% f
Term
179 mo (15 yr)
Program
7a General
Subprogram
Guaranty
Loan type
Term loan
Purpose
Other / working capital
Approved
11/10/2021
First disbursement
12/1/2021
Days to fund
21 days
Collateral
Required
Jobs supported
51
Business type
Corporation
Business age
Existing or more than 2 years old
Industry
Machine Shops
NAICS code
332710
Address
700 West Broadway
City
Alton, 62002
County
Madison
SBA district office
ILLINOIS DISTRICT OFFICE
Congressional district
12

The lender

Carrollton Bank

1 loan to this business

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The banks most active funding machine shops — by location, industry.

Similar businesses

Comparable machine shops in the public SBA 7(a) record — matched on industry, then location and deal size. Public records, not for-sale listings.

Agent summary

This page summarizes the public SBA 7(a) lending record for Abbott Machine Company, Inc in Alton, IL (Machine Shops). CapBench compiles public SBA loan data, lender activity, and business signals to help buyers and advisors evaluate acquisition financing — it does not list this business for sale.

  • 1 SBA 7(a) loan totaling $2.3M
  • On record FY2022
  • 51 jobs supported
  • Industry: Machine Shops
  • Location: Alton, IL
  • Lender: Carrollton Bank

Buyers researching a deal like this usually check lender fit next: see the SBA lenders most active with Machine Shops businesses in IL for ~$2.3M deals, then pre-qualify for 7(a) financing before making an offer. CapBench can arrange a lender introduction — free for buyers.

Data freshness:
SBA records through 2026-05-31; FDIC through 2026-03-31; page updated 2026-06-18.
Sources:
Public SBA 7(a) loan records; FDIC institution data (BankFind); CapBench lender and franchise enrichment.
  • Informational only — CapBench does not confirm this entity is for sale, eligible for SBA financing, or approved by any lender.
  • Figures come from public records and CapBench methodology; verify before relying on them.
  • Financing figures are historical loan records, not a current offer or a loan approval. CapBench is not a lender.

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CapBench listing built from public SBA 7(a) lending records. Figures are as reported; verify before relying on them. Not affiliated with Abbott Machine Company, Inc.

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