Concordia Enterprises LLC
Concordia Enterprises LLC is located in Antioch, IL, and the SBA lists its industry as All Other Industrial Machinery Manufacturing. It was approved for an SBA 7(a) loan of $4,025,000 for a change of ownership on January 29, 2026.
SBA 7(a) loan, change of ownership, approved Jan 29, 2026
- Gross approval
- $4,025,000
- SBA-guaranteed amount
- $3,018,750 (75% of the approval)
- Lender
- Byline Bank, Chicago, IL
- Processing method
- Preferred Lender Program: lender approved under delegated SBA authority
- Initial interest rate
- 9.25%, variable
- Term
- 10 years (120 months)
- Estimated maturity
- January 29, 2036 (estimated, approval date plus term)
- Estimated monthly payment
- $51,533 Estimated payment at the initial rate over the full term; actual terms vary.
- First disbursement
- Feb 27, 2026
- Loan status
- Status not reported (SBA exemption)
- Jobs supported
- 23
- Business type
- Corporation
- NAICS
- 333248, All Other Industrial Machinery Manufacturing
- Project location
- Lake County, IL
- SBA district office
- Illinois District Office
- Congressional district
- IL-14
- Collateral
- Yes
- Guaranteed portion sold on secondary market
- Yes
- Revolving line of credit
- No (term loan)
- Larger than 53% of acquisition loans in All Other Industrial Machinery Manufacturing on this site.
- Average acquisition loan in All Other Industrial Machinery Manufacturing: $2,756,900.
- Average acquisition loan in Illinois: $1,796,780.
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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