Main Street Registry

Sorrento's Ranch Inc

Maple Park, IL · Full-Service Restaurants · NAICS 722511

Sorrento's Ranch Inc, located in Maple Park, Illinois, operates in the full-service restaurants industry (NAICS 722511). The company was financed with an SBA 7(a) loan for a change of ownership of $1,817,000, approved on February 24, 2026, by The Huntington National Bank.

SBA 7(a) loan, change of ownership, approved Feb 24, 2026

$1,817,000 approvedLender: The Huntington National Bank25 years termStatus not reported (SBA exemption)Loan details
Gross approval
$1,817,000
SBA-guaranteed amount
$1,362,750 (75% of the approval)
Lender
The Huntington National Bank, Columbus, OH
Processing method
Preferred Lender Program: lender approved under delegated SBA authority
Initial interest rate
8.35%, fixed
Term
25 years (300 months)
Estimated maturity
February 24, 2051 (estimated, approval date plus term)
Estimated monthly payment
$14,448 Estimated payment at the initial rate over the full term; actual terms vary.
First disbursement
Jun 17, 2026
Loan status
Status not reported (SBA exemption)
Jobs supported
32
Business type
Corporation
NAICS
722511, Full-Service Restaurants
Project location
Kane County, IL
SBA district office
Illinois District Office
Congressional district
IL-14
Collateral
Yes
Guaranteed portion sold on secondary market
Not reported as sold
Revolving line of credit
No (term loan)
  • Larger than 80% of acquisition loans in Full-Service Restaurants on this site.
  • Average acquisition loan in Full-Service Restaurants: $1,319,601.
  • 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.

Is this your company? Claim or correct this listing. See Corrections.

Same industry in Illinois