International Fresh Market
International Fresh Market is a supermarket and grocery retailer located in Naperville, Illinois, classified under NAICS 445110 (Supermarkets and Other Grocery Retailers, except Convenience Retailers).
SBA 504 loan, approved Dec 16, 2025
$1,695,000 SBA portionCDC: Small Business Growth Corporation25 years termStatus not reported (SBA exemption)Loan details
- SBA (CDC) portion
- $1,695,000
- Bank portion
- $2,060,000
- Estimated project size
- $4,172,222 (estimated)
- Estimated owner equity
- $417,222 (estimated, about 10% of the project)
- Bank lender
- Michigan State University Federal Credit Union, East Lansing, MI
- Processing method
- Accredited Lenders Program: CDC with an expedited SBA review
- Term
- 25 years (300 months)
- Estimated maturity
- December 16, 2050 (estimated, approval date plus term)
- First disbursement
- Apr 15, 2026
- Loan status
- Status not reported (SBA exemption)
- Jobs supported
- 3
- Business type
- Corporation
- NAICS
- 445110, Supermarkets and Other Grocery Retailers (except Convenience Retailers)
- Project location
- Dupage County, IL
- SBA district office
- Illinois District Office
- Congressional district
- IL-6
- Collateral
- Yes
Estimated share of project by source
Bank 49% SBA (CDC) 41% Owner 10%
- Larger than 52% of expansion loans in Supermarkets and Other Grocery Retailers (except Convenience Retailers) on this site.
- Average expansion loan in Supermarkets and Other Grocery Retailers (except Convenience Retailers): $2,388,397.
- 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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