Safco LLC

7631 Austin Ave, Skokie, IL 60077 · Other Electric Power Generation. The complete public SBA 7(a) record for this business — every loan, every field, the lender, and the map.

$640K

Total SBA financing

1

Loan on record

FY2020

On record

—

Jobs supported

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

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The loan

$640,000 — FY2020

Gross approval: $640,000
SBA guaranteed: $480,000 (75%)
Status: Paid in full
Rate at approval: 7.5% v
Term: 120 mo (10 yr)
Program: Preferred Lenders Program
Subprogram: Guaranty
Loan type: Term loan
Purpose: Other / working capital
Approved: 3/5/2020
First disbursement: 3/31/2020
Days to fund: 26 days
Paid in full: 12/31/2021
Collateral: Required
Sold on secondary market: Yes
Business type: Corporation
Business age: Existing or more than 2 years old
Industry: Other Electric Power Generation
NAICS code: 221118
Lender: Byline Bank
Address: 7631 Austin Ave
City: Skokie, 60077
County: Cook
SBA district office: ILLINOIS DISTRICT OFFICE
Congressional district: 9

The lender

Byline Bank

1 loan to this businessFull SBA lending record + branches on the lender page →

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The banks most active funding other electric power generation — by location, industry.

SBA lenders in Illinois Lenders for other electric power generation Other Electric Power Generation lenders in Illinois

Agent summary

This page summarizes the public SBA 7(a) lending record for Safco LLC in Skokie, IL (Other Electric Power Generation). 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 $640K
On record FY2020
Industry: Other Electric Power Generation
Location: Skokie, IL
Lender: Byline Bank

Buyers researching a deal like this usually check lender fit next: see the SBA lenders most active with Other Electric Power Generation businesses in IL for ~$640k deals, then pre-qualify for 7(a) financing before making an offer. DealRoom can arrange a lender introduction — free for buyers.

Next steps

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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/safco-llc-il
API:: https://dealroom.so/api/public/businesses/safco-llc-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.

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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 Safco LLC.