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Ar-En Fyp Opco, LLC

Skokie, IL · Commercial Printing (except Screen and Books) · NAICS 323111

Ar-En Fyp Opco, LLC is a commercial printing business located in Skokie, Illinois, classified under NAICS code 323111 (Commercial Printing, except Screen and Books). The company was financed with an SBA 7(a) loan for a change of ownership in the amount of $5 million, approved by Highland Bank on January 6, 2025.

SBA 7(a) loan, change of ownership, approved Jan 6, 2025

$5,000,000 approvedLender: Highland Bank10 years termStatus not reported (SBA exemption)Loan details
Gross approval
$5,000,000
SBA-guaranteed amount
$3,750,000 (75% of the approval)
Lender
Highland Bank, St. Paul, MN
Processing method
Standard 7(a): the lender submits the application for SBA review
Initial interest rate
9%, variable
Term
10 years (120 months)
Estimated maturity
January 6, 2035 (estimated, approval date plus term)
Estimated monthly payment
$63,338 Estimated payment at the initial rate over the full term; actual terms vary.
First disbursement
Feb 18, 2025
Loan status
Status not reported (SBA exemption)
Jobs supported
76
Business type
Corporation
NAICS
323111, Commercial Printing (except Screen and Books)
Project location
Cook County, IL
SBA district office
Illinois District Office
Congressional district
IL-09
Collateral
Yes
Guaranteed portion sold on secondary market
Yes
Revolving line of credit
No (term loan)
  • Larger than 97% of acquisition loans in Commercial Printing (except Screen and Books) on this site.
  • Average acquisition loan in Commercial Printing (except Screen and Books): $1,666,227.
  • 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.

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Same industry in Illinois