Intelligent Processes and Automation, Inc.
Intelligent Processes and Automation, Inc. is located in Oakbrook Terrace, IL, and the SBA lists its industry as All Other Industrial Machinery Manufacturing. It was approved for an SBA 504 loan ($2,863,000 SBA portion) on July 11, 2024 to finance real estate or equipment.
SBA 504 loan, approved Jul 11, 2024
- SBA (CDC) portion
- $2,863,000
- Bank portion
- $3,000,000
- Estimated project size
- $6,514,444 (estimated)
- Estimated owner equity
- $651,444 (estimated, about 10% of the project)
- Bank lender
- PNC Bank, National Association, Wilmington, DE
- Processing method
- Accredited Lenders Program: CDC with an expedited SBA review
- Term
- 25 years (300 months)
- Estimated maturity
- July 11, 2049 (estimated, approval date plus term)
- First disbursement
- Sep 17, 2025
- Loan status
- Status not reported (SBA exemption)
- Jobs supported
- 15
- Business type
- Corporation
- NAICS
- 333248, All Other Industrial Machinery Manufacturing
- Project location
- Dupage County, IL
- SBA district office
- Illinois District Office
- Congressional district
- IL-6
- Collateral
- Yes
Estimated share of project by source
Bank 46% SBA (CDC) 44% Owner 10%
- Average expansion loan in All Other Industrial Machinery Manufacturing: $2,544,800.
- 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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Same industry in Illinois
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