Kardon Enterprises Ltd. DBA ReMAX All Pro
Kardon Enterprises Ltd. DBA ReMAX All Pro is an office of real estate agents and brokers located in Bloomingdale, Illinois. The business was financed with an SBA 7(a) loan for a change of ownership of $950,000, approved on June 4, 2024 by First National Bank of Pennsylvania.
SBA 7(a) loan, change of ownership, approved Jun 4, 2024
$950,000 approvedLender: First National Bank of Pennsylvania10 years termStatus not reported (SBA exemption)Loan details
- Gross approval
- $950,000
- SBA-guaranteed amount
- $712,500 (75% of the approval)
- Lender
- First National Bank of Pennsylvania, Greenville, PA
- Processing method
- Preferred Lender Program: lender approved under delegated SBA authority
- Initial interest rate
- 9.75%, variable
- Term
- 10 years (120 months)
- Estimated maturity
- June 4, 2034 (estimated, approval date plus term)
- Estimated monthly payment
- $12,423 Estimated payment at the initial rate over the full term; actual terms vary.
- First disbursement
- Jun 10, 2024
- Loan status
- Status not reported (SBA exemption)
- Business type
- Corporation
- NAICS
- 531210, Offices of Real Estate Agents and Brokers
- Franchise
- RE/MAX Northern Illinois Region
- Project location
- Dupage County, IL
- SBA district office
- Illinois District Office
- Congressional district
- IL-08
- Collateral
- Yes
- Guaranteed portion sold on secondary market
- Not reported as sold
- Revolving line of credit
- No (term loan)
- Larger than 23% of acquisition loans in Offices of Real Estate Agents and Brokers on this site.
- Average acquisition loan in Offices of Real Estate Agents and Brokers: $1,593,492.
- 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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