SBA lending record
HOMMER TOOL & MFG., INC.
311 W. UNIVERSITY DR, Arlington Heights, IL 60004 · Precision Turned Product Manufacturing. The complete public SBA 7(a) record for this business — every loan, every field, the lender, and the map.
$1.4M
Total SBA financing
1
Loan on record
FY2020
On record
34
Jobs supported
● business — business location is the ZIP-area centroid from the public record
Is HOMMER TOOL & MFG., 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.
The loan
$1,400,000 — FY2020
- Gross approval
- $1,400,000
- SBA guaranteed
- $1,050,000 (75%)
- Status
- Current
- Rate at approval
- 3.25% v
- Term
- 84 mo (7 yr)
- Program
- Preferred Lenders Program
- Subprogram
- Guaranty
- Loan type
- Term loan
- Purpose
- Business purchase
- Approved
- 9/23/2020
- First disbursement
- 9/30/2020
- Days to fund
- 7 days
- Collateral
- Required
- Jobs supported
- 34
- Business type
The lender
Agent summary
This page summarizes the public SBA 7(a) lending record for HOMMER TOOL & MFG., INC. in Arlington Heights, IL (Precision Turned Product 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 $1.4M
- On record FY2020
- 34 jobs supported
- Industry: Precision Turned Product Manufacturing
- Location: Arlington Heights, IL
- Lender: State Bank of the Lakes, National Association
- 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:
- Sources & methodology
Is HOMMER TOOL & MFG., 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.
Researching a business like this one?
The numbers above are what a deal of this size and type actually looked like. Tell us what you're buying and we'll point you to the lenders most likely to fund it.
Free · No documents · Usually same-day
DealRoom listing built from public SBA 7(a) lending records. Figures are as reported; verify before relying on them. Not affiliated with HOMMER TOOL & MFG., INC..