AFC Fabrication Group, LLC
AFC Fabrication Group, LLC is located in Lake in the Hills, IL, and the SBA lists its industry as Rubber and Plastics Hoses and Belting Manufacturing. It was approved for an SBA 504 loan ($2,537,000 SBA portion) on April 3, 2025 to finance real estate or equipment.
SBA 504 loan, approved Apr 3, 2025
- SBA (CDC) portion
- $2,537,000
- Bank portion
- $3,100,000
- Estimated project size
- $6,263,333 (estimated)
- Estimated owner equity
- $626,333 (estimated, about 10% of the project)
- Bank lender
- American Community Bank & Trust, Woodstock, IL
- Processing method
- 504 Refinancing: refinances existing business debt
- Term
- 25 years (300 months)
- Estimated maturity
- April 3, 2050 (estimated, approval date plus term)
- First disbursement
- Oct 15, 2025
- Loan status
- Status not reported (SBA exemption)
- Jobs supported
- 5
- Business type
- LLC or partnership
- NAICS
- 326220, Rubber and Plastics Hoses and Belting Manufacturing
- Project location
- Mchenry County, IL
- SBA district office
- Illinois District Office
- Congressional district
- IL-6
- Collateral
- Yes
Estimated share of project by source
Bank 49% SBA (CDC) 41% Owner 10%
- Average expansion loan in Rubber and Plastics Hoses and Belting Manufacturing: $2,537,000.
- Average expansion loan in Illinois: $2,310,827.
Loan amounts are the SBA approval, not a purchase price. Figures labeled estimated are derived on this site and are not published by the SBA.
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