Byerley Investments Group, LLC - Global Series 2 - 602
Byerley Investments Group, LLC - Global Series 2 - 602, located in Calumet City, Illinois, operates in the sewage treatment facilities industry (NAICS 221320). The company was approved for an SBA 504 loan of $3,885,000 through lender Signature Bank and CDC SomerCor 504, Inc., with approval dated March 22, 2024, and the company financed real estate or equipment through an SBA 504 loan.
SBA 504 loan, approved Mar 22, 2024
$3,885,000 SBA portionCDC: SomerCor 504, Inc.25 years termApproved, not yet fundedLoan details
- SBA (CDC) portion
- $3,885,000
- Bank portion
- $3,702,500
- Estimated project size
- $8,430,556 (estimated)
- Estimated owner equity
- $843,056 (estimated, about 10% of the project)
- Bank lender
- Signature Bank, Rosemont, IL
- Processing method
- Accredited Lenders Program: CDC with an expedited SBA review
- Term
- 25 years (300 months)
- Estimated maturity
- March 22, 2049 (estimated, approval date plus term)
- Loan status
- Approved, not yet funded
- Jobs supported
- 50
- Business type
- Corporation
- NAICS
- 221320, Sewage Treatment Facilities
- Project location
- Cook County, IL
- SBA district office
- Illinois District Office
- Congressional district
- IL-2
- Collateral
- Yes
Estimated share of project by source
Bank 44% SBA (CDC) 46% Owner 10%
- Average expansion loan in Sewage Treatment Facilities: $2,679,500.
- 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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