Blue Ribbon Meat Market LLC
Blue Ribbon Meat Market LLC, located in Oak Park, Illinois, operates in the meat retailers industry (NAICS 445240). The company was financed with an SBA 7(a) loan for a change of ownership of $1,415,000, approved by The Huntington National Bank with an approval date of September 28, 2026.
SBA 7(a) loan, change of ownership, approved Sep 28, 2026
$1,415,000 approvedLender: The Huntington National Bank10 years termCommitted, not fully disbursedLoan details
- Gross approval
- $1,415,000
- SBA-guaranteed amount
- $1,061,250 (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
- 8.25%, fixed
- Term
- 10 years (120 months)
- Estimated maturity
- September 28, 2036 (estimated, approval date plus term)
- Estimated monthly payment
- $17,355 Estimated payment at the initial rate over the full term; actual terms vary.
- Loan status
- Committed, not fully disbursed
- Business type
- Corporation
- NAICS
- 445240, Meat Retailers
- Project location
- Cook County, IL
- SBA district office
- Illinois District Office
- Congressional district
- IL-04
- Collateral
- Yes
- Guaranteed portion sold on secondary market
- Not reported as sold
- Revolving line of credit
- No (term loan)
- Larger than 74% of acquisition loans in Meat Retailers on this site.
- Average acquisition loan in Meat Retailers: $1,128,604.
- 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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