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SBA lending record

ARCH EQUIPMENT GROUP LLC

2376 Formosa Rd, Troy, IL 62294 · General Automotive Repair. The complete public SBA 7(a) record for this business — every loan, every field, the lender, and the map.

$600K

Total SBA financing

4

Loans on record

FY2020–24

On record

26

Jobs supported

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

Is ARCH EQUIPMENT GROUP LLC 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.

All 4 loans

$140,000 — FY2024

Loan 1 of 4
Gross approval
$140,000
SBA guaranteed
$119,000 (85%)
Status
Paid in full
Rate at approval
13.25% v
Term
120 mo (10 yr)
Program
Preferred Lenders Program
Subprogram
Guaranty
Loan type
Term loan
Purpose
Other / working capital
Approved
12/23/2023
First disbursement
12/29/2023
Days to fund
6 days
Paid in full
1/31/2026
Collateral
Required
Sold on secondary market
Yes
Jobs supported
4
Business type
Corporation
Business age
Existing or more than 2 years old
Industry
Commercial and Industrial Machinery and Equipment (except Au
NAICS code
811310
Address
2601 MOCKINGBIRD LN
City
Granite City, 62040
County
Madison
SBA district office
ILLINOIS DISTRICT OFFICE
Congressional district
12

$140,000 — FY2023

Loan 2 of 4
Gross approval
$140,000
SBA guaranteed
$119,000 (85%)
Status
Paid in full
Rate at approval
12% v
Term
120 mo (10 yr)
Program
Preferred Lenders Program
Subprogram
Guaranty
Loan type
Term loan
Purpose
Other / working capital
Approved
6/14/2023
First disbursement
6/15/2023
Days to fund
1 days
Paid in full
1/31/2026
Collateral
None
Sold on secondary market
Yes
Jobs supported
12
Business type
Corporation
Business age
Existing or more than 2 years old
Industry
Commercial and Industrial Machinery and Equipment (except Au
NAICS code
811310
Address
2601 MOCKINGBIRD LN
City
Granite City, 62040
County
Madison
SBA district office
ILLINOIS DISTRICT OFFICE
Congressional district
12

$270,000 — FY2020

Loan 3 of 4
Gross approval
$270,000
SBA guaranteed
$135,000 (50%)
Status
Paid in full
Rate at approval
4.75% f
Term
72 mo (6 yr)
Program
SBA Express Program
Subprogram
FA$TRK (Small Loan Express)
Loan type
Term loan
Purpose
Other / working capital
Approved
8/19/2020
First disbursement
9/9/2020
Days to fund
21 days
Paid in full
1/31/2026
Collateral
Required
Jobs supported
5
Business type
Corporation
Business age
New Business or 2 years or less
Industry
General Automotive Repair
NAICS code
811111
Address
2376 Formosa Rd
City
Troy, 62294
County
Saint Clair
SBA district office
ILLINOIS DISTRICT OFFICE
Congressional district
12

$50,000 — FY2020

Loan 4 of 4
Gross approval
$50,000
SBA guaranteed
$25,000 (50%)
Status
Paid in full
Rate at approval
4.25% v
Term
84 mo (7 yr)
Program
SBA Express Program
Subprogram
FA$TRK (Small Loan Express)
Loan type
Term loan
Purpose
Other / working capital
Approved
8/21/2020
First disbursement
9/30/2020
Days to fund
40 days
Paid in full
1/31/2026
Collateral
Required
Jobs supported
5
Business type
Corporation
Business age
New Business or 2 years or less
Industry
General Automotive Repair
NAICS code
811111
Address
2376 Formosa Rd
City
Troy, 62294
County
Saint Clair
SBA district office
ILLINOIS DISTRICT OFFICE
Congressional district
12

The lenders

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The banks most active funding general automotive repair — by location, industry.

Similar businesses

Comparable general automotive repair 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 ARCH EQUIPMENT GROUP LLC in Troy, IL (General Automotive Repair). 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.

  • 4 SBA 7(a) loans totaling $600K
  • On record FY2020–24
  • 26 jobs supported
  • Industry: General Automotive Repair
  • Location: Troy, IL
  • Lenders: First Mid Bank & Trust, National Association, BayFirst National Bank

Buyers researching a deal like this usually check lender fit next: see the SBA lenders most active with General Automotive Repair businesses in IL for ~$150k 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 2026-06-22.
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 ARCH EQUIPMENT GROUP LLC.

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