# M &amp; M Equipment Corporation, Des Plaines IL: $1,412,000 SBA 504 loan approved 2026-08-31

**Fresh Capital Score:** 60/100

| Field | Value |
|---|---|
| Business | M &amp; M Equipment Corporation |
| Location | Des Plaines, IL, 60018 |
| County | COOK |
| Program | SBA 504 |
| Gross approval | $1,412,000 |
| Approved | 2026-08-31 |
| Lender | SomerCor 504, Inc. |
| Third-party lender | JPMorgan Chase Bank, National Association |
| Term (months) | 300 |
| Industry | Industrial Machinery and Equipment Merchant Wholesalers |
| NAICS | 423830 |
| Business type | CORPORATION |
| Business age | Existing or more than 2 years old |
| Jobs supported | 4 |

## Why this score
- Approval of $500K or more.
- Among the newest approvals in the latest SBA release.

Source: U.S. Small Business Administration 7(a) and 504 FOIA loan data (https://data.sba.gov/dataset/7a-504-foia). Last refreshed: 2026-11-04T01:29:00.118Z.
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.
