Hospital Therapy Products Inc
Hospital Therapy Products Inc is located in Wood Dale, Illinois, and is classified under the industry All Other Health and Personal Care Retailers (NAICS 456199). The business was financed with an SBA 7(a) loan for a change of ownership totaling $1.7 million, approved by Byline Bank on September 23, 2026.
SBA 7(a) loan, change of ownership, approved Sep 23, 2026
$1,700,000 approvedLender: Byline Bank25 years termCommitted, not fully disbursedLoan details
- Gross approval
- $1,700,000
- SBA-guaranteed amount
- $1,275,000 (75% of the approval)
- Lender
- Byline Bank, Chicago, IL
- Processing method
- Preferred Lender Program: lender approved under delegated SBA authority
- Initial interest rate
- 9.5%, variable
- Term
- 25 years (300 months)
- Estimated maturity
- September 23, 2051 (estimated, approval date plus term)
- Estimated monthly payment
- $14,853 Estimated payment at the initial rate over the full term; actual terms vary.
- Loan status
- Committed, not fully disbursed
- Jobs supported
- 11
- Business type
- Corporation
- NAICS
- 456199, All Other Health and Personal Care Retailers
- Project location
- Dupage County, IL
- SBA district office
- Illinois District Office
- Congressional district
- IL-05
- Collateral
- Yes
- Guaranteed portion sold on secondary market
- Not reported as sold
- Revolving line of credit
- No (term loan)
- Larger than 45% of acquisition loans in All Other Health and Personal Care Retailers on this site.
- Average acquisition loan in All Other Health and Personal Care Retailers: $1,847,927.
- 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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