BWR Bridgeport, LLC
BWR Bridgeport, LLC is located in Chicago, IL, and the SBA lists its industry as Full-Service Restaurants. It was approved for an SBA 7(a) loan of $749,000 for a change of ownership on October 15, 2024.
SBA 7(a) loan, change of ownership, approved Oct 15, 2024
- Gross approval
- $749,000
- SBA-guaranteed amount
- $561,750 (75% of the approval)
- Lender
- Celtic Bank Corporation, Salt Lake City, UT
- Processing method
- Preferred Lender Program: lender approved under delegated SBA authority
- Initial interest rate
- 10.5%, variable
- Term
- 10 years, 5 months (125 months)
- Estimated maturity
- March 15, 2035 (estimated, approval date plus term)
- Estimated monthly payment
- $9,878 Estimated payment at the initial rate over the full term; actual terms vary.
- First disbursement
- Nov 4, 2024
- Loan status
- Status not reported (SBA exemption)
- Jobs supported
- 41
- Business type
- Corporation
- NAICS
- 722511, Full-Service Restaurants
- Franchise
- Buffalo Wings & Rings
- Project location
- Cook County, IL
- SBA district office
- Illinois District Office
- Congressional district
- IL-03
- Collateral
- Yes
- Guaranteed portion sold on secondary market
- Yes
- Revolving line of credit
- No (term loan)
- Larger than 31% of acquisition loans in Full-Service Restaurants on this site.
- Average acquisition loan in Full-Service Restaurants: $1,319,601.
- 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
- Full Circle Brewing LLC, Libertyville
- Leo's American Tavern, Skokie
- Noodles Pho U Plus LLC, Chicago
- Brunch Factory Inc, Deerfield
- Ahara Culinary Heritage LLC, Wheeling
- Elfego Rodriguez, Inc., Chicago
- Yummy Bowl Springfield IL LLC, Springfield
- Sorrento's Ranch Inc, Maple Park