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Paragon Billing Services Inc — SBA Loan Record (Frankfort, IL) | DealRoom

Intelligence/All Other Professional, Scientific, and Technical Services/IL

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SBA lending record

Paragon Billing Services Inc

9324 GULFSTREAM RD ste 2e, Frankfort, IL 60423 · All Other Professional, Scientific, and Technical Services. The complete public SBA 7(a) record for this business — every loan, every field, the lender, and the map.

$50K

Total SBA financing

1

Loan on record

FY2023

On record

4

Jobs supported

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

Is Paragon Billing Services 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

$50,000 — FY2023

Gross approval: $50,000
SBA guaranteed: $25,000 (50%)
Status: Cancelled
Rate at approval: 11.5% v
Term: 120 mo (10 yr)
Program: SBA Express Program
Subprogram: FA$TRK (Small Loan Express)
Loan type: Term loan
Purpose: Other / working capital
Approved: 9/12/2023
Collateral: None
Jobs supported: 4
Business type: Corporation
Business age: Existing or more than 2 years old
Industry: All Other Professional, Scientific, and Technical Services
NAICS code: 541990
Lender: Newtek Bank, National Association
Address: 9324 GULFSTREAM RD ste 2e
City: Frankfort, 60423
County: Will
SBA district office: ILLINOIS DISTRICT OFFICE
Congressional district: 1

The lender

Newtek 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 all other professional, scientific, and technical services — by location, industry.

SBA lenders in Illinois Lenders for all other professional, scientific, and technical services All Other Professional, Scientific, and Technical Services lenders in Illinois

Similar businesses

Comparable all other professional, scientific, and technical services in the public SBA 7(a) record — matched on industry, then location and deal size. Public records, not for-sale listings.

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

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SBA financing: ≈ $98K–$163K
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EB PEDIATRIC RESOURCES, INC.

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$50K
SBA financing: ≈ $98K–$163K
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GHOSTLIGHT ENTERPRISES, INC.

Aurora, IL· ~32 mi

All Other Professional, Scientific, and Technical Services

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

VARA DESIGN INC

Aurora, IL· ~31 mi

All Other Professional, Scientific, and Technical Services

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

111TH PHARMA-FAMILY CORPORATION.

Chicago, IL· ~19 mi

All Other Professional, Scientific, and Technical Services

$80K
SBA financing: ≈ $157K–$261K
Est. revenue (rough)

Agent summary

This page summarizes the public SBA 7(a) lending record for Paragon Billing Services Inc in Frankfort, IL (All Other Professional, Scientific, and Technical Services). 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 $50K
On record FY2023
4 jobs supported
Industry: All Other Professional, Scientific, and Technical Services
Location: Frankfort, IL
Lender: Newtek Bank, National Association

Buyers researching a deal like this usually check lender fit next: see the SBA lenders most active with All Other Professional, Scientific, and Technical Services businesses in IL for ~$50k 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/paragon-billing-services-inc-il
API:: https://dealroom.so/api/public/businesses/paragon-billing-services-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 Paragon Billing Services 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 Paragon Billing Services Inc.