Chicago Commercial AG LLC
Chicago Commercial AG LLC is a business in Chicago, Illinois, in the offices of real estate appraisers industry (NAICS 531320). The company was financed with an SBA 7(a) loan for a change of ownership of $705,000 from First American Bank, with an approval date of June 9, 2026.
SBA 7(a) loan, change of ownership, approved Jun 9, 2026
$705,000 approvedLender: First American Bank10 years termStatus not reported (SBA exemption)Loan details
- Gross approval
- $705,000
- SBA-guaranteed amount
- $528,750 (75% of the approval)
- Lender
- First American Bank, Elk Grove Village, IL
- Processing method
- Preferred Lender Program: lender approved under delegated SBA authority
- Initial interest rate
- 8.17%, variable
- Term
- 10 years (120 months)
- Estimated maturity
- June 9, 2036 (estimated, approval date plus term)
- Estimated monthly payment
- $8,617 Estimated payment at the initial rate over the full term; actual terms vary.
- First disbursement
- Jul 7, 2026
- Loan status
- Status not reported (SBA exemption)
- Jobs supported
- 8
- Business type
- Corporation
- NAICS
- 531320, Offices of Real Estate Appraisers
- Project location
- Cook County, IL
- SBA district office
- Illinois District Office
- Congressional district
- IL-07
- Collateral
- Yes
- Guaranteed portion sold on secondary market
- Not reported as sold
- Revolving line of credit
- No (term loan)
- Average acquisition loan in Offices of Real Estate Appraisers: $1,127,500.
- 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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