SBA lending record
Rico Tailor Inc
201 Potomac Blvd, Mount Vernon, IL 62864 · Hotels (except Casino Hotels) and Motels. The complete public SBA 7(a) record for this business — every loan, every field, the lender, and the map.
$2.5M
Total SBA financing
1
Loan on record
FY2022
On record
13
Jobs supported
Franchise brand
Quality Inn by Choice Hotels /Quality Inn & Suites by Choice
See Quality Inn by Choice Hotels /Quality Inn & Suites by Choice's SBA financing data — typical deal, failure rate, and how its loans perform →
● business — business location is the ZIP-area centroid from the public record
Is Rico Tailor Inc your business?
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The loan
$2,517,000 — FY2022
- Gross approval
- $2,517,000
- SBA guaranteed
- $1,724,145 (69%)
- Status
- Current
- Rate at approval
- 5.5% v
- Term
- 300 mo (25 yr)
- Program
- 7a General
- Subprogram
- Guaranty
- Loan type
- Term loan
- Purpose
- Other / working capital
- Approved
- 6/29/2022
- First disbursement
- 7/29/2022
- Days to fund
- 30 days
- Collateral
- Required
- Jobs supported
- 13
- Business type
The lender
Community First Bank of the Heartland
1 loan to this businessAgent summary
This page summarizes the public SBA 7(a) lending record for Rico Tailor Inc in Mount Vernon, IL (Hotels (except Casino Hotels) and Motels). 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 $2.5M
- On record FY2022
- 13 jobs supported
- Industry: Hotels (except Casino Hotels) and Motels
- Location: Mount Vernon, IL
- Lender: Community First Bank of the Heartland
- 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 Rico Tailor 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 Rico Tailor Inc.