Best Cutting Die Company

8080 N. Mccormick Blvd., Skokie, IL 60076 · Special Die and Tool, Die Set, Jig, and Fixture Manufacturing (NAICS 333514)

Loan Summary

Source: SBA FOIA Loan-Level Data

Total Loans

7

Total Amount

$3.7M

Jobs Supported

153

Years Active

2010–2021

Loan History (7)

Source: SBA FOIA
7(a)$500,000
Paid in Full
Approved
Jun 22, 2021 (FY2021)
SBA Guaranteed
$450,000 (90%)
Term
36 months (3.0 yrs)
Interest Rate
3.25%
Revolver
1
Jobs Supported
2
Business Type
Partnership
Business Age
Existing or More Than 2 Years Old
Industry
Special Die and Tool, Die Set, Jig, and Fixture Manufacturing (NAICS 333514)
Paid in Full
Jul 31, 2024

Lender

First American Bank

700 Busse Rd, Elk Grove Village, IL 60007

Project Location

Cook County, IL

7(a)$500,000
Paid in Full
Approved
Jun 17, 2020 (FY2020)
SBA Guaranteed
$450,000 (90%)
Term
12 months (1.0 yrs)
Interest Rate
3.25%
Revolver
1
Jobs Supported
15
Business Type
Partnership
Business Age
Existing or More Than 2 Years Old
Industry
Special Die and Tool, Die Set, Jig, and Fixture Manufacturing (NAICS 333514)
Paid in Full
Jul 31, 2021

Lender

First American Bank

700 Busse Rd, Elk Grove Village, IL 60007

Project Location

Cook County, IL

7(a)$500,000
Paid in Full
Approved
Jun 18, 2019 (FY2019)
SBA Guaranteed
$450,000 (90%)
Term
12 months (1.0 yrs)
Interest Rate
5.50%
Revolver
1
Jobs Supported
116
Business Type
Partnership
Business Age
Existing or More Than 2 Years Old
Industry
Special Die and Tool, Die Set, Jig, and Fixture Manufacturing (NAICS 333514)
Paid in Full
Jul 31, 2020

Lender

First American Bank

700 Busse Rd, Elk Grove Village, IL 60007

Project Location

Cook County, IL

7(a)$500,000
Paid in Full
Approved
Jun 18, 2018 (FY2018)
SBA Guaranteed
$450,000 (90%)
Term
12 months (1.0 yrs)
Interest Rate
5.00%
Revolver
1
Business Type
Partnership
Business Age
Existing or More Than 2 Years Old
Industry
Special Die and Tool, Die Set, Jig, and Fixture Manufacturing (NAICS 333514)
Paid in Full
Jul 31, 2019

Lender

First American Bank

700 Busse Rd, Elk Grove Village, IL 60007

Project Location

Cook County, IL

7(a)$500,000
Paid in Full
Approved
Jun 2, 2017 (FY2017)
SBA Guaranteed
$450,000 (90%)
Term
12 months (1.0 yrs)
Interest Rate
4.00%
Revolver
1
Jobs Supported
20
Business Type
Partnership
Industry
Special Die and Tool, Die Set, Jig, and Fixture Manufacturing (NAICS 333514)
Paid in Full
Jul 31, 2018

Lender

First American Bank

700 Busse Rd, Elk Grove Village, IL 60007

Project Location

Cook County, IL

7(a)$500,000
Paid in Full
Approved
Jun 28, 2016 (FY2016)
SBA Guaranteed
$450,000 (90%)
Term
12 months (1.0 yrs)
Interest Rate
3.50%
Revolver
1
Business Type
Partnership
Industry
Special Die and Tool, Die Set, Jig, and Fixture Manufacturing (NAICS 333514)
Paid in Full
Jul 31, 2017

Lender

First American Bank

700 Busse Rd, Elk Grove Village, IL 60007

Project Location

Cook County, IL

7(a)$700,000
Paid in Full
Approved
Feb 11, 2010 (FY2010)
SBA Guaranteed
$630,000 (90%)
Term
88 months (7.3 yrs)
Interest Rate
4.75%
Revolver
0
Business Type
Partnership
Industry
Special Die and Tool, Die Set, Jig, and Fixture Manufacturing (NAICS 333514)
Paid in Full
Jul 31, 2017

Lender

First American Bank

700 Busse Rd, Elk Grove Village, IL 60007

Project Location

Cook County, IL

Business Details

Business Type
Partnership
Business Age
Existing or More Than 2 Years Old
NAICS Code
333514 — Special Die and Tool, Die Set, Jig, and Fixture Manufacturing
Address
8080 N. Mccormick Blvd.
Skokie, IL 60076

Lender

First American Bank
700 Busse Rd, Elk Grove Village, IL 60007

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