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AKAT SCRAP METAL INC — SBA Loan Record (Hinsdale, IL) | DealRoom

Intelligence/Metal Service Centers and Other Metal Merchant Wholesalers/IL

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SBA lending record

AKAT SCRAP METAL INC

15 SPINNING WHEEL RD, Hinsdale, IL 60521 · Metal Service Centers and Other Metal Merchant Wholesalers. The complete public SBA 7(a) record for this business — every loan, every field, the lender, and the map.

$350K

Total SBA financing

1

Loan on record

FY2023

On record

9

Jobs supported

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

Is AKAT SCRAP METAL INC your business?

This record comes from public government lending data. Claim it to correct the details or tell your story — or ask us to take it down.

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The loan

$350,000 — FY2023

Gross approval: $350,000
SBA guaranteed: $262,500 (75%)
Status: Current
Rate at approval: 9% v
Term: 120 mo (10 yr)
Program: Preferred Lenders Program
Subprogram: Guaranty
Loan type: Term loan
Purpose: Other / working capital
Approved: 11/2/2022
First disbursement: 11/4/2022
Days to fund: 2 days
Collateral: Required
Sold on secondary market: Yes
Jobs supported: 9
Business type: Corporation
Business age: Existing or more than 2 years old
Industry: Metal Service Centers and Other Metal Merchant Wholesalers
NAICS code: 423510
Lender: The Huntington National Bank
Address: 15 SPINNING WHEEL RD
City: Hinsdale, 60521
County: Dupage
SBA district office: ILLINOIS DISTRICT OFFICE
Congressional district: 1

The lender

The Huntington National Bank

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 metal service centers and other metal merchant wholesalers — by location, industry.

SBA lenders in Illinois Lenders for metal service centers and other metal merchant wholesalers Metal Service Centers and Other Metal Merchant Wholesalers lenders in Illinois

Similar businesses

Comparable metal service centers and other metal merchant wholesalers in the public SBA 7(a) record — matched on industry, then location and deal size. Public records, not for-sale listings.

INKDRINKER MS1, LLC

Cicero, IL· ~8 mi

Metal Supermarkets

$367K
SBA financing: ≈ $719K–$1.2M
Est. revenue (rough)

STAALX LLC

Chicago, IL· ~14 mi

Metal Service Centers and Other Metal Merchant Wholesalers

$350K
SBA financing: ≈ $686K–$1.1M
Est. revenue (rough)

JS Metal Specialties LLC

Addison, IL· ~9 mi

Metal Service Centers and Other Metal Merchant Wholesalers

$481K
SBA financing: ≈ $943K–$1.6M
Est. revenue (rough)

20-20 Solutions LLC

Elmhurst, IL· ~5 mi

Metal Service Centers and Other Metal Merchant Wholesalers

$210K
SBA financing: ≈ $412K–$686K
Est. revenue (rough)

Lombard Metal Exim Inc.

Schaumburg, IL· ~16 mi

Metal Service Centers and Other Metal Merchant Wholesalers

$300K
SBA financing: ≈ $588K–$980K
Est. revenue (rough)

MACHINA MASTERS INC.

Merrillville, IN· ~40 mi

Metal Service Centers and Other Metal Merchant Wholesalers

$350K
SBA financing: ≈ $686K–$1.1M
Est. revenue (rough)

Agent summary

This page summarizes the public SBA 7(a) lending record for AKAT SCRAP METAL INC in Hinsdale, IL (Metal Service Centers and Other Metal Merchant Wholesalers). 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 $350K
On record FY2023
9 jobs supported
Industry: Metal Service Centers and Other Metal Merchant Wholesalers
Location: Hinsdale, IL
Lender: The Huntington National Bank

Buyers researching a deal like this usually check lender fit next: see the SBA lenders most active with Metal Service Centers and Other Metal Merchant Wholesalers businesses in IL for ~$350k deals, then pre-qualify for 7(a) financing before making an offer. DealRoom can arrange a lender introduction — free for buyers.

Next steps

Pre-qualify this deal→Talk to a loan broker→Find SBA lenders→Compare similar deals→

Data freshness:: SBA records through 2026-05-31; FDIC through 2026-03-31; page updated 2026-06-16.
Sources:: Public SBA 7(a) loan records; FDIC institution data (BankFind); DealRoom lender and franchise enrichment.
Canonical:: https://dealroom.so/businesses/akat-scrap-metal-inc-il
API:: https://dealroom.so/api/public/businesses/akat-scrap-metal-inc-il
Methodology:: Sources & methodology

Informational only — DealRoom does not confirm this entity is for sale, eligible for SBA financing, or approved by any lender.
Figures come from public records and DealRoom methodology; verify before relying on them.
Financing figures are historical loan records, not a current offer or a loan approval. DealRoom is not a lender.

Is AKAT SCRAP METAL INC your business?

This page was built from public lending data. Claim it free to correct the details, tell your story, and control how your business shows up — or ask us to take it down.

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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 AKAT SCRAP METAL INC.