Chicago Specialty Bakers, Inc.
Chicago Specialty Bakers, Inc. is a business in Forest Park, Illinois, classified under Other Grocery and Related Products Merchant Wholesalers. The company financed real estate or equipment through an SBA 504 loan with a $3.4 million SBA portion, approved on August 27, 2025, through Wintrust Bank National Association and the Small Business Growth Corporation.
SBA 504 loan, approved Aug 27, 2025
$3,400,000 SBA portionCDC: Small Business Growth Corporation20 years termApproved, not yet fundedLoan details
- SBA (CDC) portion
- $3,400,000
- Bank portion
- $4,750,000
- Estimated project size
- $9,055,556 (estimated)
- Estimated owner equity
- $905,556 (estimated, about 10% of the project)
- Bank lender
- Wintrust Bank National Association, Chicago, IL
- Processing method
- Accredited Lenders Program: CDC with an expedited SBA review
- Term
- 20 years (240 months)
- Estimated maturity
- August 27, 2045 (estimated, approval date plus term)
- Loan status
- Approved, not yet funded
- Jobs supported
- 5
- Business type
- Corporation
- NAICS
- 424490, Other Grocery and Related Products Merchant Wholesalers
- Project location
- Cook County, IL
- SBA district office
- Illinois District Office
- Congressional district
- IL-7
- Collateral
- Yes
Estimated share of project by source
Bank 52% SBA (CDC) 38% Owner 10%
- Larger than 67% of expansion loans in Other Grocery and Related Products Merchant Wholesalers on this site.
- Average expansion loan in Other Grocery and Related Products Merchant Wholesalers: $2,831,667.
- 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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