Collegiate Services Inc.

2001 Kankakee Drive, Champaign, IL 61821

Loan Summary

Source: SBA FOIA Loan-Level Data

Total Loans

2

Total Amount

$3.2M

Jobs Supported

24

Years Active

2024–2024

Loan History (2)

Source: SBA FOIA
7(a)$3,056,600
Exempt
Approved
Jul 24, 2024 (FY2024)
SBA Guaranteed
$2,292,450 (75%)
Term
120 months (10.0 yrs)
Interest Rate
8.55%
Revolver
0
Jobs Supported
12
Business Type
Corporation
Business Age
Change of Ownership

Lender

Lake Elmo Bank

11465 39th St N, Lake Elmo, MN 55042

Project Location

Champaign County, IL

7(a)$100,000
Exempt
Approved
Jul 31, 2024 (FY2024)
SBA Guaranteed
$50,000 (50%)
Term
120 months (10.0 yrs)
Interest Rate
9.55%
Revolver
1
Jobs Supported
12
Business Type
Corporation
Business Age
Change of Ownership

Lender

Lake Elmo Bank

11465 39th St N, Lake Elmo, MN 55042

Project Location

Champaign County, IL

Business Details

Business Type
Corporation
Business Age
Change of Ownership
NAICS Code
532289
Address
2001 Kankakee Drive
Champaign, IL 61821

Lender

Lake Elmo Bank
11465 39th St N, Lake Elmo, MN 55042

Other SBA Borrowers in Champaign

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