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L&M CUSTOM TRUCKING CORP — SBA Loan Record (Sherrard, IL) | DealRoom

Intelligence/General Freight Trucking, Local/IL

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SBA lending record

L&M CUSTOM TRUCKING CORP

206 1ST AVE, Sherrard, IL 61281 · General Freight Trucking, Local. The complete public SBA 7(a) record for this business — every loan, every field, the lender, and the map.

$10K

Total SBA financing

1

Loan on record

FY2021

On record

4

Jobs supported

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

Is L&M CUSTOM TRUCKING CORP 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

$10,000 — FY2021

Gross approval: $10,000
SBA guaranteed: $7,500 (75%)
Status: Paid in full
Rate at approval: 9.25% v
Term: 120 mo (10 yr)
Program: SBA Express Program
Subprogram: FA$TRK (Small Loan Express)
Loan type: Term loan
Purpose: Other / working capital
Approved: 4/8/2021
First disbursement: 5/28/2021
Days to fund: 50 days
Paid in full: 12/31/2022
Collateral: None
Jobs supported: 4
Business type: Corporation
Business age: New Business or 2 years or less
Industry: General Freight Trucking, Local
NAICS code: 484110
Lender: Wells Fargo Bank National Association
Address: 206 1ST AVE
City: Sherrard, 61281
County: Mercer
SBA district office: ILLINOIS DISTRICT OFFICE
Congressional district: 17

The lender

Wells Fargo Bank National Association

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 general freight trucking, local — by location, industry.

SBA lenders in Illinois Lenders for general freight trucking, local General Freight Trucking, Local lenders in Illinois

Similar businesses

Comparable general freight trucking, local in the public SBA 7(a) record — matched on industry, then location and deal size. Public records, not for-sale listings.

DEPENDABLE DELIVERY LLC

Davenport, IA· ~18 mi

General Freight Trucking, Local

$15K
SBA financing: ≈ $29K–$49K
Est. revenue (rough)

L R Hauling, Inc.

Joliet, IL· ~124 mi

General Freight Trucking, Local

$10K
SBA financing: ≈ $20K–$33K
Est. revenue (rough)

VEGA TRANS, INC.

Des Plaines, IL· ~142 mi

General Freight Trucking, Local

$10K
SBA financing: ≈ $20K–$33K
Est. revenue (rough)

MAXX TRANS LLC

Moline, IL· ~11 mi

General Freight Trucking, Local

$128K
SBA financing: ≈ $252K–$419K
Est. revenue (rough)

GTO Express Limited

Chicago, IL· ~144 mi

General Freight Trucking, Local

$10K
SBA financing: ≈ $20K–$33K
Est. revenue (rough)

Taxco Transportation, Inc.

Bridgeview, IL· ~142 mi

General Freight Trucking, Local

$15K
SBA financing: ≈ $29K–$49K
Est. revenue (rough)

Agent summary

This page summarizes the public SBA 7(a) lending record for L&M CUSTOM TRUCKING CORP in Sherrard, IL (General Freight Trucking, Local). 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 $10K
On record FY2021
4 jobs supported
Industry: General Freight Trucking, Local
Location: Sherrard, IL
Lender: Wells Fargo Bank National Association

Buyers researching a deal like this usually check lender fit next: see the SBA lenders most active with General Freight Trucking, Local businesses in IL for ~$10k 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 2026-06-17.
Sources:: Public SBA 7(a) loan records; FDIC institution data (BankFind); DealRoom lender and franchise enrichment.
Canonical:: https://dealroom.so/businesses/l-m-custom-trucking-corp-il
API:: https://dealroom.so/api/public/businesses/l-m-custom-trucking-corp-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 L&M CUSTOM TRUCKING CORP 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 L&M CUSTOM TRUCKING CORP.