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Summit Logistics Inc — SBA Loan Record (Grayslake, IL) | DealRoom

Intelligence/General Freight Trucking, Long-Distance, Truckload/IL

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SBA lending record

Summit Logistics Inc

1260 Rowena Road, Grayslake, IL 60030 · General Freight Trucking, Long-Distance, Truckload. The complete public SBA 7(a) record for this business — every loan, every field, the lender, and the map.

$1.8M

Total SBA financing

1

Loan on record

FY2022

On record

16

Jobs supported

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

Is Summit Logistics 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.

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The loan

$1,799,400 — FY2022

Gross approval: $1,799,400
SBA guaranteed: $1,349,550 (75%)
Status: Current
Rate at approval: 7.75% v
Term: 120 mo (10 yr)
Program: Preferred Lenders Program
Subprogram: Guaranty
Loan type: Term loan
Purpose: Other / working capital
Approved: 9/29/2022
First disbursement: 10/5/2022
Days to fund: 6 days
Collateral: Required
Sold on secondary market: Yes
Jobs supported: 16
Business type: Corporation
Business age: New Business or 2 years or less
Industry: General Freight Trucking, Long-Distance, Truckload
NAICS code: 484121
Lender: Readycap Lending, LLC
Address: 1260 Rowena Road
City: Grayslake, 60030
County: Lake
SBA district office: ILLINOIS DISTRICT OFFICE
Congressional district: 10

The lender

Readycap Lending, LLC

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 general freight trucking, long-distance, truckload — by location, industry.

SBA lenders in Illinois Lenders for general freight trucking, long-distance, truckload General Freight Trucking, Long-Distance, Truckload lenders in Illinois

Similar businesses

Comparable general freight trucking, long-distance, truckload in the public SBA 7(a) record — matched on industry, then location and deal size. Public records, not for-sale listings.

KSN Express Inc

Volo, IL· ~6 mi

General Freight Trucking, Long-Distance, Truckload

$1.2M
SBA financing: ≈ $2.4M–$4.1M
Est. revenue (rough)

Globe Transportation Inc.

Palatine, IL· ~15 mi

General Freight Trucking, Long-Distance, Truckload

$1.9M
SBA financing: ≈ $3.7M–$6.2M
Est. revenue (rough)

WLC GROUP, INC.

Palatine, IL· ~13 mi

General Freight Trucking, Long-Distance, Truckload

$2.9M
SBA financing: ≈ $5.7M–$9.6M
Est. revenue (rough)

PAVA LOGISTICS INC.

Bartlett, IL· ~25 mi

General Freight Trucking, Long-Distance, Truckload

$2.1M
SBA financing: ≈ $4.2M–$7.0M
Est. revenue (rough)

GLB REAL ESTATE HOLDINGS, LLC

Wheeling, IL· ~16 mi

General Freight Trucking, Long-Distance, Truckload

$978K
SBA financing: ≈ $1.9M–$3.2M
Est. revenue (rough)

ADN Logistics Inc.

West Chicago, IL· ~31 mi

General Freight Trucking, Long-Distance, Truckload

$1.4M
SBA financing: ≈ $2.8M–$4.7M
Est. revenue (rough)

Agent summary

This page summarizes the public SBA 7(a) lending record for Summit Logistics Inc in Grayslake, IL (General Freight Trucking, Long-Distance, Truckload). 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 $1.8M
On record FY2022
16 jobs supported
Industry: General Freight Trucking, Long-Distance, Truckload
Location: Grayslake, IL
Lender: Readycap Lending, LLC

Buyers researching a deal like this usually check lender fit next: see the SBA lenders most active with General Freight Trucking, Long-Distance, Truckload businesses in IL for ~$1.8M 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/summit-logistics-inc-il
API:: https://dealroom.so/api/public/businesses/summit-logistics-inc-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 Summit Logistics 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 Summit Logistics Inc.