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SBA 7(a)Undisbursed

Prompt Praxis Laboratories, LLC

Vernon Hills, ILMerchants Bank of IndianaTesting Laboratories · NAICS 541380

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APPROVAL AMOUNT

$1,272,000

PROGRAM

SBA 7(a)

11 years term

APPROVED

2026-03-25

9.25% rate

JOBS SUPPORTED

6

Borrower-reported

Loan details & location

LOCATION

Vernon Hills, IL 60061

INDUSTRY

Testing Laboratories · NAICS 541380

BUSINESS STRUCTURE

Partnership

LOAN TERM

11 years

INITIAL INTEREST RATE

9.25%

LOAN STATUS

Undisbursed

Vernon Hills, IL 60061

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