SBA lending record
RAINBOW CLEANING SYSTEMS INC
920 WASHINGTON ST, Waukegan, IL 60085 · Janitorial Services. The complete public SBA 7(a) record for this business — every loan, every field, the lender, and the map.
$4.2M
Total SBA financing
1
Loan on record
FY2021
On record
225
Jobs supported
● business — business location is the ZIP-area centroid from the public record
Is RAINBOW CLEANING SYSTEMS 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.
The loan
$4,164,000 — FY2021
- Gross approval
- $4,164,000
- SBA guaranteed
- $3,747,600 (90%)
- Status
- Charged off (failed)
- Rate at approval
- 5.5% v
- Term
- 84 mo (7 yr)
- Program
- Preferred Lenders Program
- Subprogram
- Guaranty
- Loan type
- Term loan
- Purpose
- Business purchase
- Approved
- 8/9/2021
- First disbursement
- 8/31/2021
- Days to fund
- 22 days
- Charged off
- 8/5/2025
- Charge-off amount
- $3,377,504
The lender
Agent summary
This page summarizes the public SBA 7(a) lending record for RAINBOW CLEANING SYSTEMS INC in Waukegan, IL (Janitorial 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 $4.2M
- On record FY2021
- 225 jobs supported
- Industry: Janitorial Services
- Location: Waukegan, IL
- Lender: LendingClub Bank, 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 RAINBOW CLEANING SYSTEMS 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.
Researching a business like this one?
The numbers above are what a deal of this size and type actually looked like. Tell us what you're buying and we'll point you to the lenders most likely to fund it.
Free · No documents · Usually same-day
DealRoom listing built from public SBA 7(a) lending records. Figures are as reported; verify before relying on them. Not affiliated with RAINBOW CLEANING SYSTEMS INC.