Main Street Registry

Capri Markets LLC

Greenville, IL · Supermarkets and Other Grocery Retailers (except Convenience Retailers) · NAICS 445110

Capri Markets LLC is located in Greenville, IL, and the SBA lists its industry as Supermarkets and Other Grocery Retailers (except Convenience Retailers). It was approved for an SBA 7(a) loan of $4,280,000 for a change of ownership on November 3, 2023.

SBA 7(a) loan, change of ownership, approved Nov 3, 2023

Gross approval
$4,280,000
SBA-guaranteed amount
$3,210,000 (75% of the approval)
Lender
First Merchants Bank, Indianapolis, IN
Processing method
Preferred Lender Program: lender approved under delegated SBA authority
Initial interest rate
11%, variable
Term
15 years (180 months)
Estimated maturity
November 3, 2038 (estimated, approval date plus term)
Estimated monthly payment
$48,646 Estimated payment at the initial rate over the full term; actual terms vary.
First disbursement
Nov 9, 2023
Loan status
Status not reported (SBA exemption)
Jobs supported
90
Business type
Corporation
NAICS
445110, Supermarkets and Other Grocery Retailers (except Convenience Retailers)
Project location
Bond County, IL
SBA district office
Illinois District Office
Congressional district
IL-13
Collateral
Yes
Guaranteed portion sold on secondary market
Yes
Revolving line of credit
No (term loan)

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