Key City Mart LLC
Key City Mart LLC is located in Kankakee, IL, and the SBA lists its industry as Beer, Wine, and Liquor Retailers. It was approved for an SBA 7(a) loan of $890,000 for a change of ownership on September 11, 2025.
SBA 7(a) loan, change of ownership, approved Sep 11, 2025
- Gross approval
- $890,000
- SBA-guaranteed amount
- $667,500 (75% of the approval)
- Lender
- Byline Bank, Chicago, IL
- Processing method
- Preferred Lender Program: lender approved under delegated SBA authority
- Initial interest rate
- 10%, variable
- Term
- 10 years (120 months)
- Estimated maturity
- September 11, 2035 (estimated, approval date plus term)
- Estimated monthly payment
- $11,761 Estimated payment at the initial rate over the full term; actual terms vary.
- First disbursement
- May 13, 2026
- Loan status
- Status not reported (SBA exemption)
- Jobs supported
- 5
- Business type
- Corporation
- NAICS
- 445320, Beer, Wine, and Liquor Retailers
- Project location
- Kankakee County, IL
- SBA district office
- Illinois District Office
- Congressional district
- IL-02
- Collateral
- Yes
- Guaranteed portion sold on secondary market
- Yes
- Revolving line of credit
- No (term loan)
- Larger than 41% of acquisition loans in Beer, Wine, and Liquor Retailers on this site.
- Average acquisition loan in Beer, Wine, and Liquor Retailers: $1,337,023.
- 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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Same industry in Illinois
- Amar Market 2 LLC, Bradley
- Lundeen's Discount Liquors, Sycamore
- Brookfield Liquors, Brookfield
- Aby & Summur, Inc., Chicago
- Woodfield Food & Liqour LLC, Schaumburg
- Lb Liquors, Inc., Gilberts
- Lifted Mart Corp., Chicago
- US Discount Liquor & Wine, Villa Park