Main Street Registry

111 W. Hubbard Partnership

Chicago, IL · Full-Service Restaurants · NAICS 722511

111 W. Hubbard Partnership is a full-service restaurant business located in Chicago, Illinois. The company's SBA 504 loan of $3,139,000 was approved on July 11, 2025, through the Small Business Growth Corporation, with Bank of America, National Association as the partner lender, and the company is reported as having an existing or more than 2 year old business.

SBA 504 loan, approved Jul 11, 2025

$3,139,000 SBA portionCDC: Small Business Growth Corporation25 years termApproved, not yet fundedLoan details
SBA (CDC) portion
$3,139,000
Bank portion
$3,946,500
Estimated project size
$7,872,778 (estimated)
Estimated owner equity
$787,278 (estimated, about 10% of the project)
Bank lender
Bank of America, National Association, Charlotte, NC
CDC
Small Business Growth Corporation
Processing method
Accredited Lenders Program: CDC with an expedited SBA review
Term
25 years (300 months)
Estimated maturity
July 11, 2050 (estimated, approval date plus term)
Loan status
Approved, not yet funded
Jobs supported
40
Business type
LLC or partnership
NAICS
722511, Full-Service Restaurants
Project location
Cook County, IL
SBA district office
Illinois District Office
Congressional district
IL-7
Collateral
Yes

Estimated share of project by source

Bank 50% SBA (CDC) 40% Owner 10%

  • Larger than 92% of expansion loans in Full-Service Restaurants on this site.
  • Average expansion loan in Full-Service Restaurants: $1,813,082.
  • 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