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THORNTON RAVE CONSTRUCTION, LLC — SBA Loan Record (Urbana, IL) | DealRoom

Intelligence/All Other Specialty Trade Contractors/IL

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SBA lending record

THORNTON RAVE CONSTRUCTION, LLC

1208 PHILO RD, Urbana, IL 61801 · All Other Specialty Trade Contractors. The complete public SBA 7(a) record for this business — every loan, every field, the lender, and the map.

$150K

Total SBA financing

1

Loan on record

FY2022

On record

1

Jobs supported

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

Is THORNTON RAVE CONSTRUCTION, LLC 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

$150,000 — FY2022

Gross approval: $150,000
SBA guaranteed: $127,500 (85%)
Status: In workout — SBA bought the guarantee
Rate at approval: 7.5% v
Term: 101 mo (8 yr)
Program: Preferred Lenders Program
Subprogram: Guaranty
Loan type: Term loan
Purpose: Other / working capital
Approved: 7/11/2022
First disbursement: 8/4/2022
Days to fund: 24 days
Collateral: Required
Sold on secondary market: Yes
Jobs supported: 1
Business type: Corporation
Business age: Existing or more than 2 years old
Industry: All Other Specialty Trade Contractors
NAICS code: 238990
Lender: Newtek Small Business Finance, Inc.
Address: 1208 PHILO RD
City: Urbana, 61801
County: Champaign
SBA district office: ILLINOIS DISTRICT OFFICE
Congressional district: 13

The lender

Newtek Small Business Finance, Inc.

1 loan to this business

Find SBA lenders for businesses like this

The banks most active funding all other specialty trade contractors — by location, industry.

SBA lenders in Illinois Lenders for all other specialty trade contractors All Other Specialty Trade Contractors lenders in Illinois

Similar businesses

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

Sunset Landscaping & Trees Inc

Mansfield, IL· ~17 mi

All Other Specialty Trade Contractors

$146K
SBA financing: ≈ $287K–$478K
Est. revenue (rough)

SANGAMON SOLAR LLC

Champaign, IL· ~3 mi

All Other Specialty Trade Contractors

$1.0M
SBA financing: ≈ $2.0M–$3.4M
Est. revenue (rough)

FREIJE PAVING, INC

Whiteland, IN· ~118 mi

All Other Specialty Trade Contractors

$150K
SBA financing: ≈ $294K–$490K
Est. revenue (rough)

Christopher Renteria

Indianapolis, IN· ~112 mi

All Other Specialty Trade Contractors

$150K
SBA financing: ≈ $294K–$490K
Est. revenue (rough)

Multi-State Industrial Contractors, Inc.

Decatur, IL· ~42 mi

All Other Specialty Trade Contractors

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

DRAPER FENCE AND RAIL COMPANY, LLC

Indianapolis, IN· ~115 mi

All Other Specialty Trade Contractors

$150K
SBA financing: ≈ $294K–$490K
Est. revenue (rough)

Agent summary

This page summarizes the public SBA 7(a) lending record for THORNTON RAVE CONSTRUCTION, LLC in Urbana, IL (All Other Specialty Trade Contractors). 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 $150K
On record FY2022
1 jobs supported
Industry: All Other Specialty Trade Contractors
Location: Urbana, IL
Lender: Newtek Small Business Finance, Inc.

Buyers researching a deal like this usually check lender fit next: see the SBA lenders most active with All Other Specialty Trade Contractors businesses in IL for ~$150k 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 2026-06-17.
Sources:: Public SBA 7(a) loan records; FDIC institution data (BankFind); DealRoom lender and franchise enrichment.
Canonical:: https://dealroom.so/businesses/thornton-rave-construction-llc-il
API:: https://dealroom.so/api/public/businesses/thornton-rave-construction-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.

Is THORNTON RAVE CONSTRUCTION, LLC 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 THORNTON RAVE CONSTRUCTION, LLC.