SBA lending record

Teri E Russo

1003 South 42nd Street, Mount Vernon, IL 62864 · Testing Laboratories and Services. The complete public SBA 7(a) record for this business — every loan, every field, the lender, and the map.

$68K

Total SBA financing

Loan on record

FY2024

On record

Jobs supported

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

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The loan

$68,200 — FY2024

Gross approval: $68,200
SBA guaranteed: $57,970 (85%)
Status: Current
Rate at approval: 11.25% v
Term: 120 mo (10 yr)
Program: Preferred Lenders Program
Subprogram: Guaranty
Loan type: Term loan
Purpose: Other / working capital
Approved: 9/24/2024
First disbursement: 10/18/2024
Days to fund: 24 days
Collateral: None
Sold on secondary market: Yes

The lender

Northeast Bank

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

Agent summary

This page summarizes the public SBA 7(a) lending record for Teri E Russo in Mount Vernon, IL (Testing Laboratories and 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 $68K
On record FY2024
4 jobs supported
Industry: Testing Laboratories and Services
Location: Mount Vernon, IL
Lender: Northeast Bank

Next steps

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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 Teri E Russo.