SBA lending record
Prompt Praxis Laboratories, LLC
50 LAKEVIEW PKWY, Vernon Hills, IL 60061 · Testing Laboratories and Services. The complete public SBA 7(a) record for this business — every loan, every field, the lender, and the map.
$1.3M
Total SBA financing
1
Loan on record
FY2026
On record
6
Jobs supported
● business — business location is the ZIP-area centroid from the public record
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The loan
$1,272,000 — FY2026
- Gross approval
- $1,272,000
- SBA guaranteed
- $954,000 (75%)
- Status
- Committed
- Rate at approval
- 9.25% v
- Term
- 126 mo (11 yr)
- Program
- Preferred Lenders Program
- Subprogram
- Guaranty
- Loan type
- Term loan
- Purpose
- Other / working capital
- Approved
- 3/25/2026
- Collateral
- Required
- Jobs supported
- 6
- Business type
- Partnership
- Business age
- Existing or more than 2 years old
The lender
Merchants Bank of Indiana
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 Prompt Praxis Laboratories, LLC in Vernon Hills, IL (Testing Laboratories and 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 $1.3M
- On record FY2026
- 6 jobs supported
- Industry: Testing Laboratories and Services
- Location: Vernon Hills, IL
- Lender: Merchants Bank of Indiana
- 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:
Is Prompt Praxis Laboratories, LLC 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 Prompt Praxis Laboratories, LLC.