Main Street Registry

783 Lake Cook Enterprises LLC

Deer Park, IL · Jewelry Retailers · NAICS 458310

783 Lake Cook Enterprises LLC is a jewelry retailer in Deer Park, Illinois, in the jewelry retailers industry (NAICS 458310). The company financed real estate or equipment through an SBA 504 loan of $5,000,000, approved on September 30, 2024, with American Commercial Bank and Trust National Association as the lending bank and Small Business Growth Corporation as the certified development company.

SBA 504 loan, approved Sep 30, 2024

$5,000,000 SBA portionCDC: Small Business Growth Corporation25 years termStatus not reported (SBA exemption)Loan details
SBA (CDC) portion
$5,000,000
Bank portion
$5,028,000
Estimated project size
$11,142,222 (estimated)
Estimated owner equity
$1,114,222 (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
September 30, 2049 (estimated, approval date plus term)
First disbursement
Feb 11, 2026
Loan status
Status not reported (SBA exemption)
Jobs supported
8
Business type
Corporation
NAICS
458310, Jewelry Retailers
Project location
Cook County, IL
SBA district office
Illinois District Office
Congressional district
IL-6
Collateral
Yes

Estimated share of project by source

Bank 45% SBA (CDC) 45% Owner 10%

  • Average expansion loan in Jewelry Retailers: $2,367,875.
  • 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