Carbon Sealcoating LLC
Carbon Sealcoating LLC is located in Chicago, IL, and the SBA lists its industry as All Other Specialty Trade Contractors. It was approved for an SBA 7(a) loan of $525,000 for a change of ownership on April 22, 2026.
SBA 7(a) loan, change of ownership, approved Apr 22, 2026
- Gross approval
- $525,000
- SBA-guaranteed amount
- $393,750 (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
- 8.75%, variable
- Term
- 10 years (120 months)
- Estimated maturity
- April 22, 2036 (estimated, approval date plus term)
- Estimated monthly payment
- $6,580 Estimated payment at the initial rate over the full term; actual terms vary.
- First disbursement
- Jun 5, 2026
- Loan status
- Status not reported (SBA exemption)
- Jobs supported
- 6
- Business type
- Corporation
- NAICS
- 238990, All Other Specialty Trade Contractors
- Project location
- Cook County, IL
- SBA district office
- Illinois District Office
- Congressional district
- IL-05
- Collateral
- Yes
- Guaranteed portion sold on secondary market
- Yes
- Revolving line of credit
- No (term loan)
- Larger than 9% of acquisition loans in All Other Specialty Trade Contractors on this site.
- Average acquisition loan in All Other Specialty Trade Contractors: $1,899,024.
- 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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