SBA lending record
High Power Source Inc.
722 East St, Morris, IL 60450 · Battery Manufacturing. The complete public SBA 7(a) record for this business — every loan, every field, the lender, and the map.
$100K
Total SBA financing
1
Loan on record
FY2024
On record
5
Jobs supported
● business — business location is the ZIP-area centroid from the public record
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The loan
$100,000 — FY2024
- Gross approval
- $100,000
- SBA guaranteed
- $85,000 (85%)
- Status
- Current
- Rate at approval
- 11.5% v
- Term
- 120 mo (10 yr)
- Program
- Preferred Lenders Program
- Subprogram
- Guaranty
- Loan type
- Term loan
- Purpose
- Other / working capital
- Approved
- 12/9/2023
- First disbursement
- 12/22/2023
- Days to fund
- 13 days
- Collateral
- Required
- Sold on secondary market
- Yes
The lender
Newtek Bank, National Association
1 loan to this businessFull SBA lending record + branches on the lender page →Agent summary
This page summarizes the public SBA 7(a) lending record for High Power Source Inc. in Morris, IL (Battery Manufacturing). 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 $100K
- On record FY2024
- 5 jobs supported
- Industry: Battery Manufacturing
- Location: Morris, IL
- Lender: Newtek Bank, National Association
Is High Power Source 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 High Power Source Inc..