SBA lending record

3rd Chute, LLC

220 North Main Street, Grafton, IL 62037 · Full-Service Restaurants. The complete public SBA 7(a) record for this business — every loan, every field, the lender, and the map.

$50K

Total SBA financing

Loan on record

FY2020

On record

Jobs supported

● business — business location is the ZIP-area centroid from the public record

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The loan

$50,000 — FY2020

Gross approval: $50,000
SBA guaranteed: $25,000 (50%)
Status: Paid in full
Rate at approval: 8.5% v
Term: 120 mo (10 yr)
Program: SBA Express Program
Subprogram: FA$TRK (Small Loan Express)
Loan type: Term loan
Purpose: Other / working capital
Approved: 10/16/2019
First disbursement: 10/31/2019
Days to fund: 15 days
Paid in full: 9/30/2022
Collateral: Required

The lender

Scott Credit Union

1 loan to this business

Agent summary

This page summarizes the public SBA 7(a) lending record for 3rd Chute, LLC in Grafton, IL (Full-Service Restaurants). DealRoom 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 $50K
On record FY2020
20 jobs supported
Industry: Full-Service Restaurants
Location: Grafton, IL
Lender: Scott Credit Union

Data freshness:: SBA records through 2026-05-31; FDIC through 2026-03-31; page updated 2026-06-15.
Sources:: Public SBA 7(a) loan records; FDIC institution data (BankFind); DealRoom lender and franchise enrichment.
Canonical:: https://dealroom.so/businesses/3rd-chute-llc-il
API:: https://dealroom.so/api/public/businesses/3rd-chute-llc-il
Methodology:: Sources & methodology

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DealRoom listing built from public SBA 7(a) lending records. Figures are as reported; verify before relying on them. Not affiliated with 3rd Chute, LLC.