SBA lending record

DAN BOROWIAK AGENCY, INC.

720 N HEARTLAND DR, Sugar Grove, IL 60554 · Insurance Agencies and Brokerages. The complete public SBA 7(a) record for this business — every loan, every field, the lender, and the map.

$523K

Total SBA financing

Loans on record

FY2022–24

On record

Jobs supported

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

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All 3 loans

$201,600 — FY2024

Loan 1 of 3

Gross approval: $201,600
SBA guaranteed: $151,200 (75%)
Status: Current
Rate at approval: 10% v
Term: 120 mo (10 yr)
Program: Preferred Lenders Program
Subprogram: Guaranty
Loan type: Term loan
Purpose: Business purchase
Approved: 11/14/2023
First disbursement: 12/7/2023
Days to fund: 23 days
Collateral: Required
Jobs supported: 5

The lender

Midland States Bank

3 loans to this businessFull SBA lending record + branches on the lender page →

Agent summary

This page summarizes the public SBA 7(a) lending record for DAN BOROWIAK AGENCY, INC. in Sugar Grove, IL (Insurance Agencies and Brokerages). 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.

3 SBA 7(a) loans totaling $523K
On record FY2022–24
18 jobs supported
Industry: Insurance Agencies and Brokerages
Location: Sugar Grove, IL
Lender: Midland States Bank

Next steps

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