SBA lending record
LUXO GROUP, INC.
165 KING ST, Elk Grove Village, IL 60007 · 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.
$1.3M
Total SBA financing
3
Loans on record
FY2020–23
On record
22
Jobs supported
● business — business location is the ZIP-area centroid from the public record
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All 3 loans
$150,000 — FY2023
Loan 1 of 3- Gross approval
- $150,000
- SBA guaranteed
- $127,500 (85%)
- Status
- Charged off (failed)
- Rate at approval
- 10% v
- Term
- 114 mo (10 yr)
- Program
- Preferred Lenders Program
- Subprogram
- Guaranty
- Loan type
- Term loan
- Purpose
- Other / working capital
- Approved
- 10/26/2022
- First disbursement
- 10/28/2022
- Days to fund
- 2 days
- Charged off
- 4/9/2025
- Charge-off amount
- $148,276
- Collateral
- None
- Sold on secondary market
- Yes
- 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
- Lender
- BayFirst National Bank
- Address
- 5400 NEWPORT DR
- City
- Rolling Meadows, 60008
- County
- Cook
- SBA district office
- ILLINOIS DISTRICT OFFICE
- Congressional district
- 5
$800,000 — FY2021
Loan 2 of 3- Gross approval
- $800,000
- SBA guaranteed
- $600,000 (75%)
- Status
- Charged off (failed)
- Rate at approval
- 6% v
- Term
- 92 mo (8 yr)
- Program
- 7a General
- Subprogram
- Guaranty
- Loan type
- Term loan
- Purpose
- Other / working capital
- Approved
- 12/14/2020
- First disbursement
- 1/26/2021
- Days to fund
- 43 days
- Charged off
- 2/27/2024
- Charge-off amount
- $484,718
- Collateral
- Required
- Sold on secondary market
- Yes
- Jobs supported
- 13
- Business type
- Corporation
- Business age
- Existing or more than 2 years old
- Industry
- General Freight Trucking, Long-Distance, Truckload
- NAICS code
- 484121
- Lender
- Lincoln Savings Bank
- Address
- 165 King St
- City
- Elk Grove Village, 60007
- County
- Cook
- SBA district office
- ILLINOIS DISTRICT OFFICE
- Congressional district
- 5
$310,000 — FY2020
Loan 3 of 3- Gross approval
- $310,000
- SBA guaranteed
- $232,500 (75%)
- Status
- Charged off (failed)
- Rate at approval
- 7.5% v
- Term
- 81 mo (7 yr)
- Program
- Preferred Lenders Program
- Subprogram
- Guaranty
- Loan type
- Term loan
- Purpose
- Other / working capital
- Approved
- 2/18/2020
- First disbursement
- 5/31/2020
- Days to fund
- 103 days
- Charged off
- 4/9/2025
- Charge-off amount
- $65,022
- Collateral
- Required
- Sold on secondary market
- Yes
- Jobs supported
- 6
- Business type
- Corporation
- Business age
- Existing or more than 2 years old
- Industry
- General Freight Trucking, Long-Distance, Truckload
- NAICS code
- 484121
- Lender
- BayFirst National Bank
- Address
- 165 KING ST
- City
- Elk Grove Village, 60007
- County
- Cook
- SBA district office
- ILLINOIS DISTRICT OFFICE
- Congressional district
- 5
The lenders
BayFirst National Bank
2 loans to this businessFull SBA lending record + branches on the lender page →Lincoln Savings Bank
1 loan to this businessFind 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.
Taurus LLC
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- SBA financing
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- Est. revenue (rough)
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- SBA financing
- ≈ $1.9M–$3.2M
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- $735K
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- ≈ $1.2M–$2.0M
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NATIONAL SUPERIOR EXPRESS, LTD.
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- $915K
- SBA financing
- ≈ $1.8M–$3.0M
- Est. revenue (rough)
Agent summary
This page summarizes the public SBA 7(a) lending record for LUXO GROUP, INC. in Elk Grove Village, 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 $1.3M
- On record FY2020–23
- 22 jobs supported
- Industry: General Freight Trucking, Long-Distance, Truckload
- Location: Elk Grove Village, IL
- Lenders: BayFirst National Bank, Lincoln Savings 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 ~$420k 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 2026-07-18.
- 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 LUXO GROUP, INC..