SBA lending record

HERING SIGNS INC.

220 Peterson Rd, Libertyville, IL 60048 · Other Services Related to Advertising. The complete public SBA 7(a) record for this business — every loan, every field, the lender, and the map.

$1.0M

Total SBA financing

Loans on record

FY2021–24

On record

Jobs supported

Franchise brand

Signarama

See Signarama's SBA financing data — typical deal, failure rate, and how its loans perform →

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

Is HERING SIGNS 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.

Claim this public record Correct or remove

All 2 loans

$150,000 — FY2024

Loan 1 of 2

Gross approval: $150,000
SBA guaranteed: $127,500 (85%)
Status: Current
Rate at approval: 11.5% v
Term: 120 mo (10 yr)
Program: Preferred Lenders Program
Subprogram: Guaranty
Loan type: Term loan
Purpose: Other / working capital
Approved: 4/5/2024
First disbursement: 4/8/2024
Days to fund: 3 days
Collateral: None
Sold on secondary market: Yes
Jobs supported: 1
Business type: Corporation
Business age: Existing or more than 2 years old
Industry: Advertising Agencies
NAICS code: 541810
Franchise: Signarama
Franchise code: S1570
Lender: Colony Bank
Address: 241 W Shore Dr
City: Grayslake, 60030
County: Lake
SBA district office: ILLINOIS DISTRICT OFFICE
Congressional district: 10

$861,300 — FY2021

Loan 2 of 2

Gross approval: $861,300
SBA guaranteed: $645,975 (75%)
Status: Current
Rate at approval: 5.5% v
Term: 120 mo (10 yr)
Program: Preferred Lenders Program
Subprogram: Guaranty
Loan type: Term loan
Purpose: Business purchase
Approved: 11/16/2020
First disbursement: 12/31/2020
Days to fund: 45 days
Collateral: None
Sold on secondary market: Yes
Jobs supported: 3
Business type: Corporation
Business age: Change of Ownership
Industry: Other Services Related to Advertising
NAICS code: 541890
Franchise: Signarama
Franchise code: S1570
Lender: LendingClub Bank, National Association
Address: 220 Peterson Rd
City: Libertyville, 60048
County: Lake
SBA district office: ILLINOIS DISTRICT OFFICE
Congressional district: 10

The lenders

LendingClub Bank, National Association

1 loan to this businessFull SBA lending record + branches on the lender page →

Colony Bank

1 loan to this businessFull SBA lending record + branches on the lender page →

Find SBA lenders for businesses like this

The banks most active funding other services related to advertising — by location, industry, and brand.

SBA lenders in Illinois Lenders for other services related to advertising Other Services Related to Advertising lenders in Illinois Signarama lenders Signarama lenders in Illinois

Other Signarama locations

Other Signarama businesses in the public SBA record — closest first, by location and deal size.

INVICTUS MANEO ENTERPRISES INC.

Buffalo Grove, IL· ~10 mi

Signarama

$775K
SBA financing: ≈ $1.5M–$2.5M
Est. revenue (rough)

View record

TRK'S SIGN AND GRAPHICS, LLC

Volo, IL· ~10 mi

Signarama

$427K
SBA financing: ≈ $838K–$1.4M
Est. revenue (rough)

View record

Seismic Signco LLC

Skokie, IL· ~23 mi

Signarama

$854K
SBA financing: ≈ $1.7M–$2.8M
Est. revenue (rough)

View record

Sign-A-Rama

Chicago, IL· ~35 mi

Signarama

$497K
SBA financing: ≈ $974K–$1.6M
Est. revenue (rough)

View record

All Signs Skokie Inc.

Glendale Heights, IL· ~27 mi

Signarama

$478K
SBA financing: ≈ $937K–$1.6M
Est. revenue (rough)

View record

DANBURY SIGNS, INC.

Danbury, CT

Signarama

$994K
SBA financing: ≈ $1.9M–$3.2M
Est. revenue (rough)

View record

Similar businesses

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

BUYSIDE GLOBAL LLC

Chicago, IL· ~31 mi