SBA lending record

MDO Welding & Fabrication, Inc.

1120 ATLANTIC DR, West Chicago, IL 60185 · Machine Shops. The complete public SBA 7(a) record for this business — every loan, every field, the lender, and the map.

$25K

Total SBA financing

Loan on record

FY2020

On record

Jobs supported

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

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The loan

$25,000 — FY2020

Gross approval: $25,000
SBA guaranteed: $12,500 (50%)
Status: Paid in full
Rate at approval: 8% v
Term: 84 mo (7 yr)
Program: SBA Express Program
Subprogram: FA$TRK (Small Loan Express)
Loan type: Term loan
Purpose: Other / working capital
Approved: 1/29/2020
First disbursement: 2/28/2021
Days to fund: 396 days
Paid in full: 3/31/2023
Collateral: Required
Jobs supported: 2
Business type: Corporation
Business age: Existing or more than 2 years old
Industry: Machine Shops
NAICS code: 332710
Lender: U.S. Bank, National Association
Address: 1120 ATLANTIC DR
City: West Chicago, 60185
County: Dupage
SBA district office: ILLINOIS DISTRICT OFFICE
Congressional district: 6

The lender

U.S. Bank, National Association

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

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The banks most active funding machine shops — by location, industry.

SBA lenders in Illinois Lenders for machine shops Machine Shops lenders in Illinois

Similar businesses

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

DART TECHNOLOGY, INC.

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$50K
SBA financing: ≈ $98K–$163K
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COMEX METAL COMPONENTS LLC

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$34K
SBA financing: ≈ $67K–$111K
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CHICAGO METAL POLISHING

Chicago, IL· ~37 mi

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$25K
SBA financing: ≈ $49K–$82K
Est. revenue (rough)

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Con-Form Industries, LLC

Schaumburg, IL· ~9 mi

Machine Shops

$100K
SBA financing: ≈ $196K–$327K
Est. revenue (rough)

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LM Atlantic, LLC

West Chicago, IL· ~0 mi

Machine Shops

$968K
SBA financing: ≈ $1.9M–$3.2M
Est. revenue (rough)

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ADI ENGINEERING SOLUTIONS LLC

Mount Prospect, IL· ~17 mi

Machine Shops

$135K
SBA financing: ≈ $265K–$441K
Est. revenue (rough)

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Agent summary

This page summarizes the public SBA 7(a) lending record for MDO Welding & Fabrication, Inc. in West Chicago, IL (Machine Shops). 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.

1 SBA 7(a) loan totaling $25K
On record FY2020
2 jobs supported
Industry: Machine Shops
Location: West Chicago, IL
Lender: U.S. Bank, National Association

Buyers researching a deal like this usually check lender fit next: see the SBA lenders most active with Machine Shops businesses in IL for ~$25k deals, then pre-qualify for 7(a) financing before making an offer. CapBench can arrange a lender introduction — free for buyers.

Next steps

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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.
Canonical:: https://www.capbench.com/businesses/mdo-welding-fabrication-inc-il
API:: https://www.capbench.com/api/public/businesses/mdo-welding-fabrication-inc-il
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 MDO Welding & Fabrication, Inc..