SBA lending record
FORWARD FREIGHT SYSTEMS, INC.
16W485 SOUTH FRONTAGE RD, Burr Ridge, IL 60527 · General Freight Trucking, Long-Distance, Truckload. The complete public SBA 7(a) record for this business — every loan, every field, the lender, and the map.
$2.4M
Total SBA financing
1
Loan on record
FY2020
On record
4
Jobs supported
● business — business location is the ZIP-area centroid from the public record
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The loan
$2,425,500 — FY2020
- Gross approval
- $2,425,500
- SBA guaranteed
- $1,819,125 (75%)
- Status
- Charged off (failed)
- Rate at approval
- 7.5% v
- Term
- 120 mo (10 yr)
- Program
- Preferred Lenders Program
- Subprogram
- Guaranty
- Loan type
- Term loan
- Purpose
- Other / working capital
- Approved
- 1/28/2020
- First disbursement
- 1/31/2020
- Days to fund
- 3 days
- Charged off
- 7/10/2024
- Charge-off amount
- $1,884,167
The lender
Agent summary
This page summarizes the public SBA 7(a) lending record for FORWARD FREIGHT SYSTEMS, INC. in Burr Ridge, IL (General Freight Trucking, Long-Distance, Truckload). 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 $2.4M
- On record FY2020
- 4 jobs supported
- Industry: General Freight Trucking, Long-Distance, Truckload
- Location: Burr Ridge, IL
- Lender: IncredibleBank
- 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.
- Methodology:
Is FORWARD FREIGHT SYSTEMS, 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 FORWARD FREIGHT SYSTEMS, INC..