7201 Bedford LLC
7201 Bedford LLC is located in Bedford Park, IL, and the SBA lists its industry as Furniture Retailers. It was approved for an SBA 504 loan ($2,003,000 SBA portion) on December 19, 2024 to finance real estate or equipment.
SBA 504 loan, approved Dec 19, 2024
- SBA (CDC) portion
- $2,003,000
- Bank portion
- $2,447,500
- Estimated project size
- $4,945,000 (estimated)
- Estimated owner equity
- $494,500 (estimated, about 10% of the project)
- Bank lender
- Byline Bank, Chicago, IL
- Processing method
- Accredited Lenders Program: CDC with an expedited SBA review
- Term
- 20 years (240 months)
- Estimated maturity
- December 19, 2044 (estimated, approval date plus term)
- First disbursement
- Jun 11, 2025
- Loan status
- Status not reported (SBA exemption)
- Jobs supported
- 8
- Business type
- Corporation
- NAICS
- 449110, Furniture Retailers
- Project location
- Cook County, IL
- SBA district office
- Illinois District Office
- Congressional district
- IL-3
- Collateral
- Yes
Estimated share of project by source
Bank 49% SBA (CDC) 41% Owner 10%
- Larger than 45% of expansion loans in Furniture Retailers on this site.
- Average expansion loan in Furniture Retailers: $2,338,737.
- 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
- SouthLoopLoft, LLC, Chicago
- Five Stars Furniture, Inc., Burbank
- LLG Realty LLC, Chicago