Igwe Holdings LLC
Igwe Holdings LLC is located in Cherry Valley, IL, and the SBA lists its industry as Landscaping Services. It was approved for an SBA 7(a) loan of $1,220,000 for a change of ownership on March 10, 2026.
SBA 7(a) loan, change of ownership, approved Mar 10, 2026
- Gross approval
- $1,220,000
- SBA-guaranteed amount
- $915,000 (75% of the approval)
- Lender
- Byline Bank, Chicago, IL
- Processing method
- Preferred Lender Program: lender approved under delegated SBA authority
- Initial interest rate
- 8.75%, variable
- Term
- 25 years (300 months)
- Estimated maturity
- March 10, 2051 (estimated, approval date plus term)
- Estimated monthly payment
- $10,030 Estimated payment at the initial rate over the full term; actual terms vary.
- First disbursement
- Jun 11, 2026
- Loan status
- Status not reported (SBA exemption)
- Jobs supported
- 6
- Business type
- Corporation
- NAICS
- 561730, Landscaping Services
- Project location
- Winnebago County, IL
- SBA district office
- Illinois District Office
- Congressional district
- IL-16
- Collateral
- Yes
- Guaranteed portion sold on secondary market
- Yes
- Revolving line of credit
- No (term loan)
- Larger than 51% of acquisition loans in Landscaping Services on this site.
- Average acquisition loan in Landscaping Services: $1,520,772.
- 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.
Is this your company? Claim or correct this listing. See Corrections.
Same industry in Illinois
- Buhrman Group Landscape Inc., Antioch
- RAC2 Inc., Mazon
- 1201 W Washington Propco LLC, West Chicago