LorBern Mfg. Inc., Schaumburg IL: $208,000 SBA 504 loan approved 2026-09-15
LorBern Mfg. Inc. (Schaumburg, Illinois): $208,000 SBA 504 loan approved 2026-09-15. Its loan of $208,000 is below the median of $447,000 (23rd percentile). Dated 51 days ago, it serves as a historical benchmark. Score 50/100. As of 2026-11-04, from U.S. Small Business Administration 7(a) and 504 FOIA loan data.
Data as of · Compiled by Zalwin from U.S. Small Business Administration 7(a) and 504 FOIA loan data
loan: $208,000 · 23th percentile of 32,327 SbaLoanPulse records · 0.5x the median
Free preview: all 14 published fields of this record are shown below. Locked: 499 related IL SbaLoanPulse records and the 6-column CSV export.
| Field | Value |
|---|---|
| Business | LorBern Mfg. Inc. |
| Location | Schaumburg, IL, 60193 |
| County | COOK |
| Program | SBA 504 |
| Gross approval | $208,000 |
| Approved | 2026-09-15 |
| Lender | Small Business Growth Corporation |
| Third-party lender | American Community Bank & Trust |
| Term (months) | 120 |
| Industry | All Other Miscellaneous General Purpose Machinery Manufacturing |
| NAICS | 333998 |
| Business type | CORPORATION |
| Business age | Existing or more than 2 years old |
| Jobs supported | 2 |
| loan percentile | 23th of 32,327 (median $447,000, 0.5x median) |
| Peer records CSV (500 IL records) | 🔒 Click to unlock → |
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CSV columns: Business · City · State · Industry · Loan · Approved · official source URL
- Source agency: U.S. Small Business Administration 7(a) and 504 FOIA loan data
- Record date: 2026-09-15
- Data refreshed: 2026-11-04
- Refunds on request within 14 days
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LIVE PUBLIC DATA Source: U.S. Small Business Administration 7(a) and 504 FOIA loan data · Last refreshed: Wed, 04 Nov 2026 01:29:00 GMT
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Peer benchmark and outreach value: LorBern Mfg. Inc. and 1,090 Illinois peers
- Illinois SbaLoanPulse records like this one: 1,090
- LorBern Mfg. Inc.'s loan: 23rd percentile of 32,327 records
- Timing: Low: older than 30 days
- Estimated pipeline if you contact every Illinois peer: $218,000 (peers × rate × deal size; an estimate from your assumptions, not a forecast)
50 / 100 Fresh Capital Score
- Approval of $208,000.
- Among the newest approvals in the latest SBA release.
What is the SbaLoanPulse record for LorBern Mfg. Inc. in Schaumburg, Illinois?
LorBern Mfg. Inc. (Schaumburg, IL) was approved for a $208,000 SBA 504 loan on 2026-09-15.
How does LorBern Mfg. Inc. compare to other Illinois SbaLoanPulse records?
Its loan of $208,000 is below the median (23th percentile); smaller records often move faster and face less competition. It is 51 days old; check the official source for later updates before acting.
LorBern Mfg. Inc. vs. top 3 peers
| Organization | Location | Approved loans | Percentile | Record date |
|---|---|---|---|---|
| LorBern Mfg. Inc. | Schaumburg, IL | $208,000 | 23rd | 2026-09-15 |
| Chicago Gourmet Bakery LLC | ELK GROVE VILLAGE, IL | $900,000 | 70th | 2026-09-21 |
| C&L Tiling, Inc. | TIMEWELL, IL | $950,000 | 71st | 2026-09-30 |
| BRIDGEWATER STUDIO, INC. | Chicago, IL | $1,000,000 | 73rd | 2026-09-01 |
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Loan data comes from SBA public FOIA files, which SBA refreshes quarterly, so the newest approvals can lag by up to about four months. Sole proprietors and street addresses are excluded. Informational only.