The UPS Store Huntley IL
The UPS Store Huntley IL is located in Huntley, IL, and the SBA lists its industry as Couriers and Express Delivery Services. It was approved for an SBA 7(a) loan of $675,000 for a change of ownership on July 2, 2024.
SBA 7(a) loan, change of ownership, approved Jul 2, 2024
- Gross approval
- $675,000
- SBA-guaranteed amount
- $506,250 (75% of the approval)
- Lender
- Centerstone SBA Lending, Inc., Los Angeles, CA
- Processing method
- Preferred Lender Program: lender approved under delegated SBA authority
- Initial interest rate
- 10.5%, variable
- Term
- 10 years (120 months)
- Estimated maturity
- July 2, 2034 (estimated, approval date plus term)
- Estimated monthly payment
- $9,108 Estimated payment at the initial rate over the full term; actual terms vary.
- First disbursement
- Jul 31, 2024
- Loan status
- Status not reported (SBA exemption)
- Jobs supported
- 6
- Business type
- Corporation
- NAICS
- 492110, Couriers and Express Delivery Services
- Franchise
- The UPS Store
- Project location
- Mchenry County, IL
- SBA district office
- Illinois District Office
- Congressional district
- IL-06
- Collateral
- Yes
- Guaranteed portion sold on secondary market
- Yes
- Revolving line of credit
- No (term loan)
- Larger than 18% of acquisition loans in Couriers and Express Delivery Services on this site.
- Average acquisition loan in Couriers and Express Delivery Services: $1,263,343.
- 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
- R&S Logistics Inc, Rock Island
- The Ups Store Uic, Chicago
- UPS Store # 3276, Hinsdale