Main Street Registry

Shop & Save Market #1500

Des Plaines, IL · Supermarkets and Other Grocery Retailers (except Convenience Retailers) · NAICS 445110

Shop & Save Market #1500 is a supermarket and grocery retailer in Des Plaines, Illinois, under NAICS code 445110. The business was approved for an SBA 504 loan of $4,034,000 to finance real estate or equipment, with American Commercial Bank and Trust National Association as the bank lender and Small Business Growth Corporation as the certified development company, with an approval date of February 17, 2026.

SBA 504 loan, approved Feb 17, 2026

$4,034,000 SBA portionCDC: Small Business Growth Corporation25 years termApproved, not yet fundedLoan details
SBA (CDC) portion
$4,034,000
Bank portion
$4,900,000
Estimated project size
$9,926,667 (estimated)
Estimated owner equity
$992,667 (estimated, about 10% of the project)
Bank lender
American Commercial Bank and Trust National Association, Ottawa, IL
CDC
Small Business Growth Corporation
Processing method
Accredited Lenders Program: CDC with an expedited SBA review
Term
25 years (300 months)
Estimated maturity
February 17, 2051 (estimated, approval date plus term)
Loan status
Approved, not yet funded
Jobs supported
5
Business type
Corporation
NAICS
445110, Supermarkets and Other Grocery Retailers (except Convenience Retailers)
Project location
Cook County, IL
SBA district office
Illinois District Office
Congressional district
IL-8
Collateral
Yes

Estimated share of project by source

Bank 49% SBA (CDC) 41% Owner 10%

  • Larger than 81% 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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Same industry in Illinois