Troch-Mc Neil Paving Co.
Troch-Mc Neil Paving Co. is a site preparation contractor in Crystal Lake, Illinois, classified under NAICS 238910 (Site Preparation Contractors). The company financed real estate or equipment through an SBA 504 loan of $1,359,000 from Cornerstone National Bank and Trust Company, with Small Business Growth Corporation as the certified development company, and the loan was approved on March 31, 2026.
SBA 504 loan, approved Mar 31, 2026
$1,359,000 SBA portionCDC: Small Business Growth Corporation25 years termStatus not reported (SBA exemption)Loan details
- SBA (CDC) portion
- $1,359,000
- Bank portion
- $1,650,000
- Estimated project size
- $3,343,333 (estimated)
- Estimated owner equity
- $334,333 (estimated, about 10% of the project)
- Bank lender
- Cornerstone National Bank and Trust Company, Palatine, IL
- Processing method
- Accredited Lenders Program: CDC with an expedited SBA review
- Term
- 25 years (300 months)
- Estimated maturity
- March 31, 2051 (estimated, approval date plus term)
- First disbursement
- Jun 17, 2026
- Loan status
- Status not reported (SBA exemption)
- Jobs supported
- 20
- Business type
- Corporation
- NAICS
- 238910, Site Preparation Contractors
- Project location
- Mchenry County, IL
- SBA district office
- Illinois District Office
- Congressional district
- IL-1
- Collateral
- Yes
Estimated share of project by source
Bank 49% SBA (CDC) 41% Owner 10%
- Larger than 31% of expansion loans in Site Preparation Contractors on this site.
- Average expansion loan in Site Preparation Contractors: $1,883,067.
- 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
- Payne Construction Services, LLC, Granite City
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