Megel & O'Connell Enterprises, LLC
Megel & O'Connell Enterprises, LLC is a marketing consulting services business located in Elmhurst, Illinois, classified under NAICS code 541613. The company was financed with an SBA 7(a) loan for a change of ownership of $2,650,500, approved on May 8, 2026, through CIBC Bank USA.
SBA 7(a) loan, change of ownership, approved May 8, 2026
$2,650,500 approvedLender: CIBC Bank USA10 years termStatus not reported (SBA exemption)Loan details
- Gross approval
- $2,650,500
- SBA-guaranteed amount
- $1,987,875 (75% of the approval)
- Lender
- CIBC Bank USA, Chicago, IL
- Processing method
- Preferred Lender Program: lender approved under delegated SBA authority
- Initial interest rate
- 8.75%, variable
- Term
- 10 years (120 months)
- Estimated maturity
- May 8, 2036 (estimated, approval date plus term)
- Estimated monthly payment
- $33,218 Estimated payment at the initial rate over the full term; actual terms vary.
- First disbursement
- May 28, 2026
- Loan status
- Status not reported (SBA exemption)
- Jobs supported
- 23
- Business type
- Corporation
- NAICS
- 541613, Marketing Consulting Services
- Project location
- Dupage County, IL
- SBA district office
- Illinois District Office
- Congressional district
- IL-04
- Collateral
- Yes
- Guaranteed portion sold on secondary market
- Yes
- Revolving line of credit
- No (term loan)
- Larger than 88% of acquisition loans in Marketing Consulting Services on this site.
- Average acquisition loan in Marketing Consulting Services: $1,391,558.
- 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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