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2507 Spring Lake Rd, Quincy, IL 62305 · Farm and Garden Machinery and Equipment Merchant Wholesalers (NAICS 423820)

Loan Summary

Source: SBA FOIA Loan-Level Data

Total Loans

1

Total Amount

$5.0M

Jobs Supported

94

Years Active

2025

Loan History (1)

Source: SBA FOIA
7(a)$5,000,000
Exempt
Approved
Sep 10, 2025 (FY2025)
SBA Guaranteed
$3,750,000 (75%)
Term
120 months (10.0 yrs)
Interest Rate
10.50%
Revolver
0
Jobs Supported
94
Business Type
Corporation
Business Age
Existing or More Than 2 Years Old
Industry
Farm and Garden Machinery and Equipment Merchant Wholesalers (NAICS 423820)

Lender

Newtek Bank, National Association

1111 Brickell Ave, Ste 135, Miami, FL 33131

Project Location

Adams County, IL

Business Details

Business Type
Corporation
Business Age
Existing or More Than 2 Years Old
NAICS Code
423820 Farm and Garden Machinery and Equipment Merchant Wholesalers
Address
2507 Spring Lake Rd
Quincy, IL 62305

Lender

Newtek Bank, National Association
1111 Brickell Ave, Ste 135, Miami, FL 33131

Other SBA Borrowers in Quincy

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