Local Eclectic, Inc.
Local Eclectic, Inc. is located in Chicago, IL, and the SBA lists its industry as Jewelry Retailers. It was approved for an SBA 504 loan ($2,046,000 SBA portion) on February 15, 2024 to finance real estate or equipment.
- Business type
- Corporation
- Business age reported
- Existing or more than 2 years old
SBA 504 loans
| Approved | SBA portion | Bank portion | Project size | Lender | CDC | Term | Jobs supported | Status |
|---|---|---|---|---|---|---|---|---|
| Feb 15, 2024 | $2,046,000 | $2,500,000 | $5,051,111 (estimated) | Old National Bank | Small Business Growth Corporation | 25 years | 2 | Approved, not yet funded |
Estimated project size is (SBA portion + bank portion) divided by 0.9, since the owner typically contributes about 10 percent. It is not an SBA-published figure.
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Same industry in Illinois
- 783 Lake Cook Enterprises LLC, Deer Park
- Jack Lewis Jewelers, LLC, Bloomington
- Maggie Elaine Jewelry, Virden