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Rafalo Corporation — SBA Loan Record (Niles, IL) | DealRoom

Intelligence/New Single-Family Housing Construction (except For-Sale Buil/IL

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SBA lending record

Rafalo Corporation

8053 N Milwaukee Ave, Niles, IL 60714 · New Single-Family Housing Construction (except For-Sale Buil. The complete public SBA 7(a) record for this business — every loan, every field, the lender, and the map.

$103K

Total SBA financing

1

Loan on record

FY2023

On record

5

Jobs supported

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

Is Rafalo Corporation 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

$103,000 — FY2023

Gross approval: $103,000
SBA guaranteed: $87,550 (85%)
Status: Charged off (failed)
Rate at approval: 10% v
Term: 110 mo (9 yr)
Program: Preferred Lenders Program
Subprogram: Guaranty
Loan type: Term loan
Purpose: Other / working capital
Approved: 10/31/2022
First disbursement: 11/3/2022
Days to fund: 3 days
Charged off: 2/15/2024
Charge-off amount: $99,748
Collateral: Required
Sold on secondary market: Yes
Jobs supported: 5
Business type: Corporation
Business age: Existing or more than 2 years old
Industry: New Single-Family Housing Construction (except For-Sale Buil
NAICS code: 236115
Lender: BayFirst National Bank
Address: 8053 N Milwaukee Ave
City: Niles, 60714
County: Cook
SBA district office: ILLINOIS DISTRICT OFFICE
Congressional district: 5

The lender

BayFirst National Bank

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 new single-family housing construction (except for-sale buil — by location, industry.

SBA lenders in Illinois Lenders for new single-family housing construction (except for-sale buil New Single-Family Housing Construction (except For-Sale Buil lenders in Illinois

Similar businesses

Comparable new single-family housing construction (except for-sale buil in the public SBA 7(a) record — matched on industry, then location and deal size. Public records, not for-sale listings.

Salazar Roofing

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$100K
SBA financing: ≈ $196K–$327K
Est. revenue (rough)

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$105K
SBA financing: ≈ $206K–$343K
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chicagoland builders inc

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$150K
SBA financing: ≈ $294K–$490K
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GRAPHENE CONSTRUCTION INC

Blue Island, IL· ~25 mi

New Single-Family Housing Construction (except For-Sale Buil

$93K
SBA financing: ≈ $182K–$304K
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ZULO LLC

Algonquin, IL· ~27 mi

New Single-Family Housing Construction (except For-Sale Buil

$97K
SBA financing: ≈ $190K–$317K
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Eman Construction Corp

Des Plaines, IL· ~4 mi

New Single-Family Housing Construction (except For-Sale Buil

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

Agent summary

This page summarizes the public SBA 7(a) lending record for Rafalo Corporation in Niles, IL (New Single-Family Housing Construction (except For-Sale Buil). 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 $103K
On record FY2023
5 jobs supported
Industry: New Single-Family Housing Construction (except For-Sale Buil
Location: Niles, IL
Lender: BayFirst National Bank

Buyers researching a deal like this usually check lender fit next: see the SBA lenders most active with New Single-Family Housing Construction (except For-Sale Buil businesses in IL for ~$103k 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 2026-06-16.
Sources:: Public SBA 7(a) loan records; FDIC institution data (BankFind); DealRoom lender and franchise enrichment.
Canonical:: https://dealroom.so/businesses/rafalo-corporation-il
API:: https://dealroom.so/api/public/businesses/rafalo-corporation-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 Rafalo Corporation 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 Rafalo Corporation.