SBA lending record
Conover Area Fabricators Inc
1735 HIGHWAY 24, Coatsburg, IL 62325 · Fabricated Structural Metal Manufacturing. The complete public SBA 7(a) record for this business — every loan, every field, the lender, and the map.
$106K
Total SBA financing
2
Loans on record
FY2021
On record
6
Jobs supported
● business — business location is the ZIP-area centroid from the public record
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All 2 loans
$56,000 — FY2021
Loan 1 of 2- Gross approval
- $56,000
- SBA guaranteed
- $28,000 (50%)
- Status
- Current
- Rate at approval
- 4.75% f
- Term
- 84 mo (7 yr)
- Program
- SBA Express Program
- Subprogram
- FA$TRK (Small Loan Express)
- Loan type
- Term loan
- Purpose
- Other / working capital
- Approved
- 10/7/2020
- First disbursement
- 10/13/2020
- Days to fund
- 6 days
- Collateral
- Required
- Jobs supported
- 3
- Business type
- Corporation
- Business age
- Existing or more than 2 years old
- Industry
- Fabricated Structural Metal Manufacturing
- NAICS code
- 332312
- Address
- 1735 HIGHWAY 24
- City
- Coatsburg, 62325
- County
- Adams
- SBA district office
- ILLINOIS DISTRICT OFFICE
- Congressional district
- 18
$50,000 — FY2021
Loan 2 of 2- Gross approval
- $50,000
- SBA guaranteed
- $37,500 (75%)
- Status
- Current
- Rate at approval
- 4.25% f
- Term
- 60 mo (5 yr)
- Program
- SBA Express Program
- Subprogram
- FA$TRK (Small Loan Express)
- Loan type
- Term loan
- Purpose
- Other / working capital
- Approved
- 7/1/2021
- First disbursement
- 7/7/2021
- Days to fund
- 6 days
- Collateral
- Required
- Jobs supported
- 3
- Business type
- Corporation
- Business age
- Existing or more than 2 years old
- Industry
- Fabricated Structural Metal Manufacturing
- NAICS code
- 332312
- Address
- 1735 HIGHWAY 24
- City
- Coatsburg, 62325
- County
- Adams
- SBA district office
- ILLINOIS DISTRICT OFFICE
- Congressional district
- 18
The lender
Find SBA lenders for businesses like this
The banks most active funding fabricated structural metal manufacturing — by location, industry.
Similar businesses
Comparable fabricated structural metal manufacturing in the public SBA 7(a) record — matched on industry, then location and deal size. Public records, not for-sale listings.
Mere Capital, LLC
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Ali's Steel Fabricating Corp.
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Agent summary
This page summarizes the public SBA 7(a) lending record for Conover Area Fabricators Inc in Coatsburg, IL (Fabricated Structural Metal Manufacturing). 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.
- 2 SBA 7(a) loans totaling $106K
- On record FY2021
- 6 jobs supported
- Industry: Fabricated Structural Metal Manufacturing
- Location: Coatsburg, IL
- Lender: First Mid Bank & Trust, National Association
Buyers researching a deal like this usually check lender fit next: see the SBA lenders most active with Fabricated Structural Metal Manufacturing businesses in IL for ~$53k 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 2026-06-21.
- Sources:
- Public SBA 7(a) loan records; FDIC institution data (BankFind); CapBench lender and franchise enrichment.
- Methodology:
- Sources & methodology
- 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 Conover Area Fabricators Inc.