1201 W Washington Propco LLC
1201 W Washington Propco LLC is a landscaping services business located in West Chicago, Illinois, classified under NAICS code 561730. The company financed real estate or equipment through an SBA 504 loan of $1,719,000, approved on March 19, 2025, through Peoples Bank with Small Business Growth Corporation as the certified development company. The loan was reported with 25 jobs.
SBA 504 loan, approved Mar 19, 2025
$1,719,000 SBA portionCDC: Small Business Growth Corporation25 years termStatus not reported (SBA exemption)Loan details
- SBA (CDC) portion
- $1,719,000
- Bank portion
- $2,100,000
- Estimated project size
- $4,243,333 (estimated)
- Estimated owner equity
- $424,333 (estimated, about 10% of the project)
- Bank lender
- Peoples Bank, Clive, IA
- Processing method
- Accredited Lenders Program: CDC with an expedited SBA review
- Term
- 25 years (300 months)
- Estimated maturity
- March 19, 2050 (estimated, approval date plus term)
- First disbursement
- Aug 13, 2025
- Loan status
- Status not reported (SBA exemption)
- Jobs supported
- 25
- Business type
- Corporation
- NAICS
- 561730, Landscaping Services
- Project location
- Dupage County, IL
- SBA district office
- Illinois District Office
- Congressional district
- IL-6
- Collateral
- Yes
Estimated share of project by source
Bank 49% SBA (CDC) 41% Owner 10%
- Larger than 65% of expansion loans in Landscaping Services on this site.
- Average expansion loan in Landscaping Services: $1,532,130.
- 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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