Kendall Sign Co.
Kendall Sign Co. is located in Elgin, IL, and the SBA lists its industry as Graphic Design Services. It was approved for an SBA 7(a) loan of $749,500 for a change of ownership on April 30, 2025.
SBA 7(a) loan, change of ownership, approved Apr 30, 2025
- Gross approval
- $749,500
- SBA-guaranteed amount
- $562,125 (75% of the approval)
- Lender
- Pathward National Association, Sioux Falls, SD
- Processing method
- Preferred Lender Program: lender approved under delegated SBA authority
- Initial interest rate
- 9.75%, variable
- Term
- 10 years (120 months)
- Estimated maturity
- April 30, 2035 (estimated, approval date plus term)
- Estimated monthly payment
- $9,801 Estimated payment at the initial rate over the full term; actual terms vary.
- First disbursement
- Jun 26, 2025
- Loan status
- Status not reported (SBA exemption)
- Jobs supported
- 6
- Business type
- Corporation
- NAICS
- 541430, Graphic Design Services
- Project location
- Kane County, IL
- SBA district office
- Illinois District Office
- Congressional district
- IL-06
- Collateral
- Yes
- Guaranteed portion sold on secondary market
- Yes
- Revolving line of credit
- No (term loan)
- Larger than 20% of acquisition loans in Graphic Design Services on this site.
- Average acquisition loan in Graphic Design Services: $1,489,630.
- 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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