SBA lending record
Precision Technologies, Inc.
1071 Davis Rd, Elgin, IL 60123 · Computing Infrastructure Providers, Data Processing, Web Hos. The complete public SBA 7(a) record for this business — every loan, every field, the lender, and the map.
$606K
Total SBA financing
2
Loans on record
FY2025
On record
36
Jobs supported
● business — business location is the ZIP-area centroid from the public record
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All 2 loans
$431,000 — FY2025
Loan 1 of 2- Gross approval
- $431,000
- SBA guaranteed
- $323,250 (75%)
- Status
- Current
- Rate at approval
- 9.5% v
- Term
- 120 mo (10 yr)
- Program
- Preferred Lenders Program
- Subprogram
- Guaranty
- Loan type
- Term loan
- Purpose
- Other / working capital
- Approved
- 8/22/2025
- First disbursement
- 9/19/2025
- Days to fund
- 28 days
- Collateral
- Required
- Sold on secondary market
- Yes
- Jobs supported
- 18
- Business type
- Corporation
- Business age
- New Business or 2 years or less
- Industry
- Computing Infrastructure Providers, Data Processing, Web Hos
- NAICS code
- 518210
- Lender
- CIBC Bank USA
- Address
- 1071 Davis Rd
- City
- Elgin, 60123
- County
- Kane
- SBA district office
- ILLINOIS DISTRICT OFFICE
- Congressional district
- 6
$175,000 — FY2025
Loan 2 of 2- Gross approval
- $175,000
- SBA guaranteed
- $87,500 (50%)
- Status
- Current
- Rate at approval
- 9.5% v
- Term
- 72 mo (6 yr)
- Program
- SBA Express Program
- Subprogram
- FA$TRK (Small Loan Express)
- Loan type
- Term loan
- Purpose
- Other / working capital
- Approved
- 8/22/2025
- First disbursement
- 9/29/2025
- Days to fund
- 38 days
- Collateral
- Required
- Jobs supported
- 18
- Business type
- Corporation
- Business age
- New Business or 2 years or less
- Industry
- Computing Infrastructure Providers, Data Processing, Web Hos
- NAICS code
- 518210
- Lender
- CIBC Bank USA
- Address
- 1071 Davis Rd
- City
- Elgin, 60123
- County
- Kane
- SBA district office
- ILLINOIS DISTRICT OFFICE
- Congressional district
- 6
The lender
Find SBA lenders for businesses like this
The banks most active funding computing infrastructure providers, data processing, web hos — by location, industry.
Similar businesses
Comparable computing infrastructure providers, data processing, web hos in the public SBA 7(a) record — matched on industry, then location and deal size. Public records, not for-sale listings.
Global Systems Networks Inc
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- SBA financing
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- SBA financing
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Think Tank IT, Inc.
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- $400K
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ZION CLOUD SOLUTIONS LLC
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SEOLEVELUP LLC, Website Design SEO Company
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Computing Infrastructure Providers, Data Processing, Web Hos
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- SBA financing
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Agent summary
This page summarizes the public SBA 7(a) lending record for Precision Technologies, Inc. in Elgin, IL (Computing Infrastructure Providers, Data Processing, Web Hos). 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.
- 2 SBA 7(a) loans totaling $606K
- On record FY2025
- 36 jobs supported
- Industry: Computing Infrastructure Providers, Data Processing, Web Hos
- Location: Elgin, IL
- Lender: CIBC Bank USA
Buyers researching a deal like this usually check lender fit next: see the SBA lenders most active with Computing Infrastructure Providers, Data Processing, Web Hos businesses in IL for ~$303k 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 Precision Technologies, Inc..