Gray's Mill Partners, LLC
Gray's Mill Partners, LLC is located in Downers Grove, IL, and the SBA lists its industry as Caterers. It was approved for an SBA 504 loan ($1,267,000 SBA portion) on September 24, 2024 to finance real estate or equipment.
SBA 504 loan, approved Sep 24, 2024
- SBA (CDC) portion
- $1,267,000
- Bank portion
- $1,237,000
- Estimated project size
- $2,782,222 (estimated)
- Estimated owner equity
- $278,222 (estimated, about 10% of the project)
- Bank lender
- Resource Bank, National Association, Dekalb, IL
- Processing method
- Accredited Lenders Program: CDC with an expedited SBA review
- Term
- 25 years (300 months)
- Estimated maturity
- September 24, 2049 (estimated, approval date plus term)
- Loan status
- Approved, not yet funded
- Jobs supported
- 20
- Business type
- Corporation
- NAICS
- 722320, Caterers
- Project location
- Kendall County, IL
- SBA district office
- Illinois District Office
- Congressional district
- IL-11
- Collateral
- Yes
Estimated share of project by source
Bank 44% SBA (CDC) 46% Owner 10%
- Larger than 22% of expansion loans in Caterers on this site.
- Average expansion loan in Caterers: $1,887,963.
- Average expansion loan in Illinois: $2,310,827.
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
- AB2 LLC, Lincolnshire
- Castle Ridge LLC, Centralia
- Brix on the Fox, Inc., Carpentersville