SBA lending record
ITAF, CORPORATION
649 SLATE RUN, Elgin, IL 60124 · General Freight Trucking, Long-Distance, Truckload. The complete public SBA 7(a) record for this business — every loan, every field, the lender, and the map.
$296K
Total SBA financing
3
Loans on record
FY2024–25
On record
5
Jobs supported
● business — business location is the ZIP-area centroid from the public record
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All 3 loans
$165,000 — FY2025
Loan 1 of 3- Gross approval
- $165,000
- SBA guaranteed
- $123,750 (75%)
- Status
- Cancelled
- Rate at approval
- 10% v
- Term
- 84 mo (7 yr)
- Program
- Preferred Lenders Program
- Subprogram
- Guaranty
- Loan type
- Term loan
- Purpose
- Other / working capital
- Approved
- 4/29/2025
- Collateral
- Required
- Jobs supported
- 3
- Business type
- Corporation
- Business age
- Existing or more than 2 years old
- Industry
- General Freight Trucking, Long-Distance, Truckload
- NAICS code
- 484121
- Address
- 649 SLATE RUN
- City
- Elgin, 60124
- County
- Kane
- SBA district office
- ILLINOIS DISTRICT OFFICE
- Congressional district
- 6
$25,000 — FY2024
Loan 2 of 3- Gross approval
- $25,000
- SBA guaranteed
- $12,500 (50%)
- Status
- Paid in full
- Rate at approval
- 10.5% v
- Term
- 120 mo (10 yr)
- Program
- SBA Express Program
- Subprogram
- FA$TRK (Small Loan Express)
- Loan type
- Term loan
- Purpose
- Other / working capital
- Approved
- 1/11/2024
- First disbursement
- 1/19/2024
- Days to fund
- 8 days
- Paid in full
- 2/28/2025
- Collateral
- Required
- Jobs supported
- 1
- Business type
- Corporation
- Business age
- Existing or more than 2 years old
- Industry
- General Freight Trucking, Long-Distance, Truckload
- NAICS code
- 484121
- Address
- 649 SLATE RUN
- City
- Elgin, 60124
- County
- Kane
- SBA district office
- ILLINOIS DISTRICT OFFICE
- Congressional district
- 6
$106,000 — FY2024
Loan 3 of 3- Gross approval
- $106,000
- SBA guaranteed
- $79,500 (75%)
- Status
- Paid in full
- Rate at approval
- 10.5% v
- Term
- 84 mo (7 yr)
- Program
- Preferred Lenders Program
- Subprogram
- Guaranty
- Loan type
- Term loan
- Purpose
- Other / working capital
- Approved
- 1/13/2024
- First disbursement
- 1/19/2024
- Days to fund
- 6 days
- Paid in full
- 6/30/2025
- Collateral
- Required
- Jobs supported
- 1
- Business type
- Corporation
- Business age
- Existing or more than 2 years old
- Industry
- General Freight Trucking, Long-Distance, Truckload
- NAICS code
- 484121
- Address
- 649 SLATE RUN
- City
- Elgin, 60124
- County
- Kane
- SBA district office
- ILLINOIS DISTRICT OFFICE
- Congressional district
- 6
The lender
The Huntington National Bank
3 loans to this businessFull SBA lending record + branches on the lender page →Find SBA lenders for businesses like this
The banks most active funding general freight trucking, long-distance, truckload — by location, industry.
Similar businesses
Comparable general freight trucking, long-distance, truckload in the public SBA 7(a) record — matched on industry, then location and deal size. Public records, not for-sale listings.
800K LLC
Elgin, IL· ~2 mi
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- $300K
- SBA financing
- ≈ $588K–$980K
- Est. revenue (rough)
Prime Trans Service Inc
Elgin, IL· ~7 mi
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- $317K
- SBA financing
- ≈ $621K–$1.0M
- Est. revenue (rough)
SEBO TRUCKING ENTERPRISES INC.
Streamwood, IL· ~9 mi
General Freight Trucking, Long-Distance, Truckload
- $300K
- SBA financing
- ≈ $588K–$980K
- Est. revenue (rough)
Hot Shot Expedite, Inc.
Schaumburg, IL· ~13 mi
General Freight Trucking, Long-Distance, Truckload
- $300K
- SBA financing
- ≈ $588K–$980K
- Est. revenue (rough)
Lucky Star Express Inc
Lake In The Hills, IL· ~10 mi
General Freight Trucking, Long-Distance, Truckload
- $411K
- SBA financing
- ≈ $805K–$1.3M
- Est. revenue (rough)
Umbrella Express Inc
South Elgin, IL· ~5 mi
General Freight Trucking, Long-Distance, Truckload
- $173K
- SBA financing
- ≈ $338K–$564K
- Est. revenue (rough)
Agent summary
This page summarizes the public SBA 7(a) lending record for ITAF, CORPORATION in Elgin, IL (General Freight Trucking, Long-Distance, Truckload). 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.
- 3 SBA 7(a) loans totaling $296K
- On record FY2024–25
- 5 jobs supported
- Industry: General Freight Trucking, Long-Distance, Truckload
- Location: Elgin, IL
- Lender: The Huntington National Bank
Buyers researching a deal like this usually check lender fit next: see the SBA lenders most active with General Freight Trucking, Long-Distance, Truckload businesses in IL for ~$99k 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 2026-06-17.
- 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 ITAF, CORPORATION.