SBA lending record
Westscott Enterprises Inc
3212 N Illinois St, Swansea, IL 62226 · Footwear and Leather Goods Repair. The complete public SBA 7(a) record for this business — every loan, every field, the lender, and the map.
$250K
Total SBA financing
1
Loan on record
FY2025
On record
6
Jobs supported
● business — business location is the ZIP-area centroid from the public record
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The loan
$250,000 — FY2025
- Gross approval
- $250,000
- SBA guaranteed
- $187,500 (75%)
- Status
- Committed
- Rate at approval
- 10.5% v
- Term
- 120 mo (10 yr)
- Program
- Preferred Lenders Program
- Subprogram
- Guaranty
- Loan type
- Term loan
- Purpose
- Other / working capital
- Approved
- 2/27/2025
- Collateral
- Required
- Jobs supported
- 6
- Business type
- Corporation
- Business age
- Existing or more than 2 years old
- Industry
- Footwear and Leather Goods Repair
- NAICS code
- 811430
- Address
- 3212 N Illinois St
- City
- Swansea, 62226
- County
- Saint Clair
- SBA district office
- ILLINOIS DISTRICT OFFICE
- Congressional district
- 12
The lender
Newtek Bank, National Association
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 footwear and leather goods repair — by location, industry.
Similar businesses
Comparable footwear and leather goods repair in the public SBA 7(a) record — matched on industry, then location and deal size. Public records, not for-sale listings.
Team ShoeMGK
Franklin, TN· ~250 mi
Footwear and Leather Goods Repair
- $350K
- SBA financing
- ≈ $686K–$1.1M
- Est. revenue (rough)
MIKE'S MULTI ENTERPRISE LLC
Troy, OH· ~325 mi
Footwear and Leather Goods Repair
- $150K
- SBA financing
- ≈ $294K–$490K
- Est. revenue (rough)
Timothy Schuring dba SNKRFEST
Village Of Lakewood, IL· ~267 mi
Footwear and Leather Goods Repair
- $101K
- SBA financing
- ≈ $199K–$331K
- Est. revenue (rough)
Albert Acceptance, Inc.
Charlotte, NC· ~558 mi
Footwear and Leather Goods Repair
- $450K
- SBA financing
- ≈ $882K–$1.5M
- Est. revenue (rough)
Harting Shoe Repair LLC
Brainerd, MN· ~581 mi
Footwear and Leather Goods Repair
- $82K
- SBA financing
- ≈ $162K–$269K
- Est. revenue (rough)
Arke Capital LLC
Grand Blanc, MI· ~452 mi
Creative Colors International
- $840K
- SBA financing
- ≈ $1.6M–$2.7M
- Est. revenue (rough)
Agent summary
This page summarizes the public SBA 7(a) lending record for Westscott Enterprises Inc in Swansea, IL (Footwear and Leather Goods Repair). 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 $250K
- On record FY2025
- 6 jobs supported
- Industry: Footwear and Leather Goods Repair
- Location: Swansea, IL
- Lender: Newtek Bank, National Association
Buyers researching a deal like this usually check lender fit next: see the SBA lenders most active with Footwear and Leather Goods Repair businesses in IL for ~$250k 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 2026-06-18.
- 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.
Is Westscott Enterprises 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 Westscott Enterprises Inc.