Motts Inc.

1736 E. JACKSON ST, Macomb, IL 61455 · Barber Shops. The complete public SBA 7(a) record for this business — every loan, every field, the lender, and the map.

$175K

Total SBA financing

1

Loan on record

FY2020

On record

65

Jobs supported

Franchise brand

SportClips

See SportClips's SBA financing data — typical deal, failure rate, and how its loans perform →

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

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The loan

$175,000 — FY2020

Gross approval: $175,000
SBA guaranteed: $87,500 (50%)
Status: Paid in full
Rate at approval: 5% f
Term: 120 mo (10 yr)
Program: SBA Express Program
Subprogram: FA$TRK (Small Loan Express)
Loan type: Term loan
Purpose: Other / working capital
Approved: 9/24/2020
First disbursement: 9/30/2020
Days to fund: 6 days
Paid in full: 5/31/2023
Collateral: Required
Jobs supported: 65
Business type: Corporation
Business age: Existing or more than 2 years old
Industry: Barber Shops
NAICS code: 812111
Franchise: SportClips
Franchise code: S2521
Lender: Village Bank and Trust, National Association
Address: 1736 E. JACKSON ST
City: Macomb, 61455
County: Mcdonough
SBA district office: ILLINOIS DISTRICT OFFICE
Congressional district: 18

The lender

Village Bank and Trust, 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 Motts Inc. in Macomb, IL (Barber Shops). 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 $175K
On record FY2020
65 jobs supported
Industry: Barber Shops
Location: Macomb, IL
Lender: Village Bank and Trust, National Association

Buyers researching a deal like this usually check lender fit next: see the SBA lenders most active with Barber Shops businesses in IL for ~$175k deals, then pre-qualify for 7(a) financing before making an offer. DealRoom can arrange a lender introduction — free for buyers.

Next steps

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Data freshness:: SBA records through 2026-05-31; FDIC through 2026-03-31; page updated 2026-06-16.
Sources:: Public SBA 7(a) loan records; FDIC institution data (BankFind); DealRoom lender and franchise enrichment.
Canonical:: https://dealroom.so/businesses/motts-inc-il
API:: https://dealroom.so/api/public/businesses/motts-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.

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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 Motts Inc..