Illinois Neuro & Physical Rehabilitation, Ltd.
Illinois Neuro & Physical Rehabilitation, Ltd. is a business in Wood Dale, IL, in the offices of all other miscellaneous health practitioners industry (NAICS 621399). The company was financed with an SBA 7(a) loan for a change of ownership of $2,497,000 from Happen Bank, with the loan approved on September 29, 2026.
SBA 7(a) loan, change of ownership, approved Sep 29, 2026
$2,497,000 approvedLender: Happen Bank10 years termCommitted, not fully disbursedLoan details
- Gross approval
- $2,497,000
- SBA-guaranteed amount
- $1,872,750 (75% of the approval)
- Lender
- Happen Bank, Lehi, UT
- Processing method
- Preferred Lender Program: lender approved under delegated SBA authority
- Initial interest rate
- 7.75%, variable
- Term
- 10 years (120 months)
- Estimated maturity
- September 29, 2036 (estimated, approval date plus term)
- Estimated monthly payment
- $29,967 Estimated payment at the initial rate over the full term; actual terms vary.
- Loan status
- Committed, not fully disbursed
- Jobs supported
- 23
- Business type
- Corporation
- NAICS
- 621399, Offices of All Other Miscellaneous Health Practitioners
- Project location
- Dupage County, IL
- SBA district office
- Illinois District Office
- Congressional district
- IL-05
- Collateral
- Yes
- Guaranteed portion sold on secondary market
- Not reported as sold
- Revolving line of credit
- No (term loan)
- Larger than 80% of acquisition loans in Offices of All Other Miscellaneous Health Practitioners on this site.
- Average acquisition loan in Offices of All Other Miscellaneous Health Practitioners: $1,578,530.
- 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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