Makowski Real Sausage, Inc.
Makowski Real Sausage, Inc. is located in Lansing, Illinois, and operates in the animal (except poultry) slaughtering industry. The company financed real estate or equipment through an SBA 504 loan of $3,273,000 approved on December 12, 2024, with Byline Bank as the lender and SomerCor 504, Inc. as the certified development company. The loan reports 43 jobs.
SBA 504 loan, approved Dec 12, 2024
$3,273,000 SBA portionCDC: SomerCor 504, Inc.25 years termStatus not reported (SBA exemption)Loan details
- SBA (CDC) portion
- $3,273,000
- Bank portion
- $4,799,913
- Estimated project size
- $8,969,903 (estimated)
- Estimated owner equity
- $896,990 (estimated, about 10% of the project)
- Bank lender
- Byline Bank, Chicago, IL
- Processing method
- Accredited Lenders Program: CDC with an expedited SBA review
- Term
- 25 years (300 months)
- Estimated maturity
- December 12, 2049 (estimated, approval date plus term)
- First disbursement
- Jul 15, 2026
- Loan status
- Status not reported (SBA exemption)
- Jobs supported
- 43
- Business type
- Corporation
- NAICS
- 311611, Animal (except Poultry) Slaughtering
- Project location
- Cook County, IL
- SBA district office
- Illinois District Office
- Congressional district
- IL-2
- Collateral
- Yes
Estimated share of project by source
Bank 54% SBA (CDC) 36% Owner 10%
- Average expansion loan in Animal (except Poultry) Slaughtering: $3,289,000.
- 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
- Behrmann Meat & Processing, Inc, Albers
- D-Tak, LLC, Highland