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MODERN CARGO INC. — SBA Loan Record (Highland Park, IL) | DealRoom

Intelligence/General Freight Trucking, Long-Distance, Truckload/IL

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SBA lending record

MODERN CARGO INC.

1632 CAVELL AVE, Highland Park, IL 60035 · 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.

$46K

Total SBA financing

1

Loan on record

FY2023

On record

2

Jobs supported

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

Is MODERN CARGO 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.

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The loan

$46,000 — FY2023

Gross approval: $46,000
SBA guaranteed: $23,000 (50%)
Status: Current
Rate at approval: 14% v
Term: 120 mo (10 yr)
Program: SBA Express Program
Subprogram: FA$TRK (Small Loan Express)
Loan type: Term loan
Purpose: Other / working capital
Approved: 3/6/2023
First disbursement: 3/6/2023
Days to fund: 0 days
Collateral: Required
Jobs supported: 2
Business type: Corporation
Business age: Existing or more than 2 years old
Industry: General Freight Trucking, Long-Distance, Truckload
NAICS code: 484121
Lender: JPMorgan Chase Bank, National Association
Address: 1632 CAVELL AVE
City: Highland Park, 60035
County: Lake
SBA district office: ILLINOIS DISTRICT OFFICE
Congressional district: 10

The lender

JPMorgan Chase 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, long-distance, truckload — by location, industry.

SBA lenders in Illinois Lenders for general freight trucking, long-distance, truckload General Freight Trucking, Long-Distance, Truckload lenders in Illinois

Similar businesses

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

ASO Transportation Inc

Wheeling, IL· ~7 mi

General Freight Trucking, Long-Distance, Truckload

$50K
SBA financing: ≈ $98K–$163K
Est. revenue (rough)

CLOUD LOGISTICS INC.

Highland Park, IL· ~1 mi

General Freight Trucking, Long-Distance, Truckload

$78K
SBA financing: ≈ $152K–$253K
Est. revenue (rough)

Legion Trans Inc.

Buffalo Grove, IL· ~8 mi

General Freight Trucking, Long-Distance, Truckload

$50K
SBA financing: ≈ $98K–$163K
Est. revenue (rough)

Erkin KG Corporation

Mount Prospect, IL· ~13 mi

General Freight Trucking, Long-Distance, Truckload

$45K
SBA financing: ≈ $88K–$147K
Est. revenue (rough)

ODESSA TRANSPORTATION INC.

Buffalo Grove, IL· ~8 mi

General Freight Trucking, Long-Distance, Truckload

$51K
SBA financing: ≈ $101K–$168K
Est. revenue (rough)

TSB LOGISTICS INC.

Lake Zurich, IL· ~13 mi

General Freight Trucking, Long-Distance, Truckload

$44K
SBA financing: ≈ $86K–$144K
Est. revenue (rough)

Agent summary

This page summarizes the public SBA 7(a) lending record for MODERN CARGO INC. in Highland Park, 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 $46K
On record FY2023
2 jobs supported
Industry: General Freight Trucking, Long-Distance, Truckload
Location: Highland Park, IL
Lender: JPMorgan Chase Bank, National Association

Buyers researching a deal like this usually check lender fit next: see the SBA lenders most active with General Freight Trucking, Long-Distance, Truckload businesses in IL for ~$46k 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/modern-cargo-inc-il
API:: https://dealroom.so/api/public/businesses/modern-cargo-inc-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 MODERN CARGO 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 MODERN CARGO INC..