SBA lending record
P Transport Inc
5818 S ARCHER RD, Summit Argo, IL 60501 · Freight Transportation Arrangement. The complete public SBA 7(a) record for this business — every loan, every field, the lender, and the map.
$1.4M
Total SBA financing
5
Loans on record
FY2022–25
On record
87
Jobs supported
● business — business location is the ZIP-area centroid from the public record
Is P Transport Inc your business?
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All 5 loans
$352,700 — FY2025
Loan 1 of 5- Gross approval
- $352,700
- SBA guaranteed
- $264,525 (75%)
- Status
- In workout — SBA bought the guarantee
- Rate at approval
- 11% v
- Term
- 120 mo (10 yr)
- Program
- Preferred Lenders Program
- Subprogram
- Guaranty
- Loan type
- Term loan
- Purpose
- Other / working capital
- Approved
- 11/5/2024
- First disbursement
- 11/19/2024
- Days to fund
- 14 days
- Collateral
- Required
- Sold on secondary market
- Yes
- Jobs supported
- 39
- Business type
- Corporation
- Business age
- Existing or more than 2 years old
- Industry
- General Freight Trucking, Long-Distance, Truckload
- NAICS code
- 484121
- Lender
- Lendistry SBLC, LLC
- Address
- 100 Tower Dr
- City
- Burr Ridge, 60527
- County
- Cook
- SBA district office
- ILLINOIS DISTRICT OFFICE
- Congressional district
- 1
$250,000 — FY2024
Loan 2 of 5- Gross approval
- $250,000
- SBA guaranteed
- $187,500 (75%)
- Status
- In workout — SBA bought the guarantee
- Rate at approval
- 11.25% v
- Term
- 115 mo (10 yr)
- Program
- Preferred Lenders Program
- Subprogram
- Guaranty
- Loan type
- Term loan
- Purpose
- Other / working capital
- Approved
- 7/11/2024
- First disbursement
- 7/23/2024
- Days to fund
- 12 days
- Collateral
- Required
- Sold on secondary market
- Yes
- Jobs supported
- 35
- Business type
- Corporation
- Business age
- Existing or more than 2 years old
- Industry
- General Freight Trucking, Long-Distance, Truckload
- NAICS code
- 484121
- Lender
- Northeast Bank
- Address
- 1099 Birch Lane
- City
- Romeoville, 60446
- County
- Will
- SBA district office
- ILLINOIS DISTRICT OFFICE
- Congressional district
- 3
$250,000 — FY2024
Loan 3 of 5- Gross approval
- $250,000
- SBA guaranteed
- $187,500 (75%)
- Status
- In workout — SBA bought the guarantee
- Rate at approval
- 11.25% v
- Term
- 110 mo (9 yr)
- Program
- Preferred Lenders Program
- Subprogram
- Guaranty
- Loan type
- Term loan
- Purpose
- Other / working capital
- Approved
- 2/29/2024
- First disbursement
- 3/12/2024
- Days to fund
- 12 days
- Collateral
- Required
- Sold on secondary market
- Yes
- Business type
- Corporation
- Business age
- Existing or more than 2 years old
- Industry
- General Freight Trucking, Long-Distance, Truckload
- NAICS code
- 484121
- Lender
- Northeast Bank
- Address
- 1099 Birch Lane
- City
- Romeoville, 60446
- County
- Will
- SBA district office
- ILLINOIS DISTRICT OFFICE
- Congressional district
- 3
$350,000 — FY2023
Loan 4 of 5- Gross approval
- $350,000
- SBA guaranteed
- $262,500 (75%)
- Status
- In workout — SBA bought the guarantee
- Rate at approval
- 10.5% v
- Term
- 96 mo (8 yr)
- Program
- Preferred Lenders Program
- Subprogram
- Guaranty
- Loan type
- Term loan
- Purpose
- Other / working capital
- Approved
- 3/8/2023
- First disbursement
- 4/25/2023
- Days to fund
- 48 days
- 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
- Readycap Lending, LLC
- Address
- 100 TOWER DRIVE
- City
- Burr Ridge, 60527
- County
- Cook
- SBA district office
- ILLINOIS DISTRICT OFFICE
- Congressional district
- 1
$175,000 — FY2022
Loan 5 of 5- Gross approval
- $175,000
- SBA guaranteed
- $131,250 (75%)
- Status
- In liquidation
- Rate at approval
- 6.75% v
- Term
- 120 mo (10 yr)
- Program
- Preferred Lenders Program
- Subprogram
- Guaranty
- Loan type
- Term loan
- Purpose
- Other / working capital
- Approved
- 6/28/2022
- First disbursement
- 7/6/2022
- Days to fund
- 8 days
- Collateral
- Required
- Sold on secondary market
- Yes
- Jobs supported
- 7
- Business type
- Corporation
- Business age
- Existing or more than 2 years old
- Industry
- Freight Transportation Arrangement
- NAICS code
- 488510
- Address
- 5818 S ARCHER RD
- City
- Summit Argo, 60501
- County
- Cook
- SBA district office
- ILLINOIS DISTRICT OFFICE
- Congressional district
- 3
The lenders
The Huntington National 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 freight transportation arrangement — by location, industry.
Similar businesses
Comparable freight transportation arrangement in the public SBA 7(a) record — matched on industry, then location and deal size. Public records, not for-sale listings.
Country-Wide Transportation, Inc.
Hinsdale, IL· ~6 mi
Freight Transportation Arrangement
- $1.7M
- SBA financing
- ≈ $3.2M–$5.4M
- Est. revenue (rough)
Cater Logistics LLC
Hammond, IN· ~18 mi
Freight Transportation Arrangement
- $1.5M
- SBA financing
- ≈ $2.9M–$4.9M
- Est. revenue (rough)
Helix Logistics, LLC
Chicago, IL· ~11 mi
Freight Transportation Arrangement
- $2.3M
- SBA financing
- ≈ $4.4M–$7.4M
- Est. revenue (rough)
Adfin Inc.
Palos Hills, IL· ~5 mi
Freight Transportation Arrangement
- $500K
- SBA financing
- ≈ $980K–$1.6M
- Est. revenue (rough)
Harry F. Long, Inc.
Wood Dale, IL· ~15 mi
Freight Transportation Arrangement
- $3.5M
- SBA financing
- ≈ $6.9M–$11M
- Est. revenue (rough)
FAR Logistics USA
Bedford Park, IL· ~2 mi
Freight Transportation Arrangement
- $252K
- SBA financing
- ≈ $493K–$822K
- Est. revenue (rough)
Agent summary
This page summarizes the public SBA 7(a) lending record for P Transport Inc in Summit Argo, IL (Freight Transportation Arrangement). 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.
- 5 SBA 7(a) loans totaling $1.4M
- On record FY2022–25
- 87 jobs supported
- Industry: Freight Transportation Arrangement
- Location: Summit Argo, IL
- Lenders: Northeast Bank, The Huntington National Bank, Readycap Lending, LLC
Buyers researching a deal like this usually check lender fit next: see the SBA lenders most active with Freight Transportation Arrangement businesses in IL for ~$276k 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 P Transport Inc.