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Talon Electric Company — SBA Loan Record (Wauconda, IL) | DealRoom

Intelligence/Electrical Contractors and Other Wiring Installation Contrac/IL

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SBA lending record

Talon Electric Company

2361 Stonybrook St, Wauconda, IL 60084 · Electrical Contractors and Other Wiring Installation Contrac. The complete public SBA 7(a) record for this business — every loan, every field, the lender, and the map.

$225K

Total SBA financing

1

Loan on record

FY2020

On record

4

Jobs supported

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

Is Talon Electric Company 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

$225,000 — FY2020

Gross approval: $225,000
SBA guaranteed: $112,500 (50%)
Status: Paid in full
Rate at approval: 6% v
Term: 120 mo (10 yr)
Program: SBA Express Program
Subprogram: FA$TRK (Small Loan Express)
Loan type: Term loan
Purpose: Other / working capital
Approved: 5/15/2020
First disbursement: 6/30/2020
Days to fund: 46 days
Paid in full: 4/30/2025
Collateral: None
Jobs supported: 4
Business type: Corporation
Business age: Existing or more than 2 years old
Industry: Electrical Contractors and Other Wiring Installation Contrac
NAICS code: 238210
Lender: The Huntington National Bank
Address: 2361 Stonybrook St
City: Wauconda, 60084
County: Lake
SBA district office: ILLINOIS DISTRICT OFFICE
Congressional district: 14

The lender

The Huntington 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 electrical contractors and other wiring installation contrac — by location, industry.

SBA lenders in Illinois Lenders for electrical contractors and other wiring installation contrac Electrical Contractors and Other Wiring Installation Contrac lenders in Illinois

Similar businesses

Comparable electrical contractors and other wiring installation contrac in the public SBA 7(a) record — matched on industry, then location and deal size. Public records, not for-sale listings.

Veteranson Inc.

Lake Zurich, IL· ~7 mi

Electrical Contractors and Other Wiring Installation Contrac

$297K
SBA financing: ≈ $582K–$971K
Est. revenue (rough)

Sound of Music Systems Corp

Mundelein, IL· ~7 mi

Electrical Contractors and Other Wiring Installation Contrac

$225K
SBA financing: ≈ $440K–$734K
Est. revenue (rough)

Heko Electric LLC

Arlington Heights, IL· ~17 mi

Electrical Contractors and Other Wiring Installation Contrac

$300K
SBA financing: ≈ $588K–$980K
Est. revenue (rough)

RED WIRE ELECTRIC LLC

Huntley, IL· ~18 mi

Electrical Contractors and Other Wiring Installation Contrac

$175K
SBA financing: ≈ $343K–$572K
Est. revenue (rough)

Lohbauer Electric, LLC

Gilberts, IL· ~18 mi

Electrical Contractors and Other Wiring Installation Contrac

$250K
SBA financing: ≈ $490K–$817K
Est. revenue (rough)

It's A Wonderful Light L.L.C.

Elk Grove Village, IL· ~22 mi

Electrical Contractors and Other Wiring Installation Contrac

$300K
SBA financing: ≈ $588K–$980K
Est. revenue (rough)

Agent summary

This page summarizes the public SBA 7(a) lending record for Talon Electric Company in Wauconda, IL (Electrical Contractors and Other Wiring Installation Contrac). 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 $225K
On record FY2020
4 jobs supported
Industry: Electrical Contractors and Other Wiring Installation Contrac
Location: Wauconda, IL
Lender: The Huntington National Bank

Buyers researching a deal like this usually check lender fit next: see the SBA lenders most active with Electrical Contractors and Other Wiring Installation Contrac businesses in IL for ~$225k 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/talon-electric-company-il
API:: https://dealroom.so/api/public/businesses/talon-electric-company-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 Talon Electric Company 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 Talon Electric Company.