SBA lending record
MPS SEA CONVERTING INC
1211 W. Norwood Ave., Itasca, IL 60143 · Cut and Sew Apparel Manufacturing (except Contractors). The complete public SBA 7(a) record for this business — every loan, every field, the lender, and the map.
$400K
Total SBA financing
1
Loan on record
FY2025
On record
1
Jobs supported
● business — business location is the ZIP-area centroid from the public record
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The loan
$400,000 — FY2025
- Gross approval
- $400,000
- SBA guaranteed
- $200,000 (50%)
- Status
- Committed
- Rate at approval
- 7.75% v
- Term
- 120 mo (10 yr)
- Program
- SBA Express Program
- Subprogram
- FA$TRK (Small Loan Express)
- Loan type
- Term loan
- Purpose
- Other / working capital
- Approved
- 12/27/2024
- Collateral
- Required
- Jobs supported
- 1
- Business type
- Corporation
- Business age
- Existing or more than 2 years old
- Industry
- Cut and Sew Apparel Manufacturing (except Contractors)
- NAICS code
- 315250
- Lender
- Union National Bank
- Address
- 1211 W. Norwood Ave.
- City
- Itasca, 60143
- County
- Dupage
- SBA district office
- ILLINOIS DISTRICT OFFICE
- Congressional district
- 8
The lender
Find SBA lenders for businesses like this
The banks most active funding cut and sew apparel manufacturing (except contractors) — by location, industry.
Similar businesses
Comparable cut and sew apparel manufacturing (except contractors) in the public SBA 7(a) record — matched on industry, then location and deal size. Public records, not for-sale listings.
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- $300K
- SBA financing
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J’ENVIE SPORT
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Cut and Sew Apparel Manufacturing (except Contractors)
- $743K
- SBA financing
- ≈ $1.5M–$2.4M
- Est. revenue (rough)
Glowtronics
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Cut and Sew Apparel Manufacturing (except Contractors)
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- SBA financing
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VANDAVA, INC.
Grove City, OH· ~296 mi
Cut and Sew Apparel Manufacturing (except Contractors)
- $150K
- SBA financing
- ≈ $294K–$490K
- Est. revenue (rough)
Agent summary
This page summarizes the public SBA 7(a) lending record for MPS SEA CONVERTING INC in Itasca, IL (Cut and Sew Apparel Manufacturing (except Contractors)). 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 $400K
- On record FY2025
- 1 jobs supported
- Industry: Cut and Sew Apparel Manufacturing (except Contractors)
- Location: Itasca, IL
- Lender: Union National Bank
Buyers researching a deal like this usually check lender fit next: see the SBA lenders most active with Cut and Sew Apparel Manufacturing (except Contractors) businesses in IL for ~$400k 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.
Is MPS SEA CONVERTING INC your business?
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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 MPS SEA CONVERTING INC.