Main Street Registry

S Family Holdings, LLC

Kankakee, IL · Beer, Wine, and Liquor Retailers · NAICS 445320

S Family Holdings, LLC is a beer, wine, and liquor retailer in Kankakee, Illinois, classified under NAICS code 445320. The business was financed with an SBA 7(a) loan for a change of ownership of $1.35 million from Byline Bank, approved on September 14, 2024. The loan lists 4 jobs and a 180-month term.

SBA 7(a) loan, change of ownership, approved Sep 14, 2024

$1,350,000 approvedLender: Byline Bank15 years termStatus not reported (SBA exemption)Loan details
Gross approval
$1,350,000
SBA-guaranteed amount
$1,012,500 (75% of the approval)
Lender
Byline Bank, Chicago, IL
Processing method
Preferred Lender Program: lender approved under delegated SBA authority
Initial interest rate
10.75%, variable
Term
15 years (180 months)
Estimated maturity
September 14, 2039 (estimated, approval date plus term)
Estimated monthly payment
$15,133 Estimated payment at the initial rate over the full term; actual terms vary.
First disbursement
Mar 10, 2025
Loan status
Status not reported (SBA exemption)
Jobs supported
4
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 70% 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