SBA lending record
MY FAV ELECTRONICS, INC.
7603 NEW GROSS POINT RD, Skokie, IL 60077 · Electronics Stores. The complete public SBA 7(a) record for this business — every loan, every field, the lender, and the map.
$3.0M
Total SBA financing
2
Loans on record
FY2020
On record
109
Jobs supported
● business — business location is the ZIP-area centroid from the public record
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All 2 loans
$1,000,000 — FY2020
Loan 1 of 2- Gross approval
- $1,000,000
- SBA guaranteed
- $500,000 (50%)
- Status
- Paid in full
- Rate at approval
- 5.25% v
- Term
- 84 mo (7 yr)
- Program
- SBA Express Program
- Subprogram
- FA$TRK (Small Loan Express)
- Loan type
- Term loan
- Purpose
- Other / working capital
- Approved
- 8/17/2020
- First disbursement
- 8/31/2020
- Days to fund
- 14 days
- Paid in full
- 6/30/2023
- Collateral
The lender
Agent summary
This page summarizes the public SBA 7(a) lending record for MY FAV ELECTRONICS, INC. in Skokie, IL (Electronics Stores). 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.
- 2 SBA 7(a) loans totaling $3.0M
- On record FY2020
- 109 jobs supported
- Industry: Electronics Stores
- Location: Skokie, IL
- Lender: Village Bank and Trust, 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 MY FAV ELECTRONICS, 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 MY FAV ELECTRONICS, INC..