The Poppy Estate, LLC
The Poppy Estate, LLC is located in Aurora, IL, and is classified under the industry All Other Personal Services (NAICS 812990). The company was financed with an SBA 7(a) loan for a change of ownership of $2.61 million from Port 51 Lending LLC, approved on April 16, 2026, with a term of 300 months.
SBA 7(a) loan, change of ownership, approved Apr 16, 2026
$2,610,000 approvedLender: Port 51 Lending LLC25 years termStatus not reported (SBA exemption)Loan details
- Gross approval
- $2,610,000
- SBA-guaranteed amount
- $1,957,500 (75% of the approval)
- Lender
- Port 51 Lending LLC, New York, NY
- Processing method
- Preferred Lender Program: lender approved under delegated SBA authority
- Initial interest rate
- 8.75%, variable
- Term
- 25 years (300 months)
- Estimated maturity
- April 16, 2051 (estimated, approval date plus term)
- Estimated monthly payment
- $21,458 Estimated payment at the initial rate over the full term; actual terms vary.
- First disbursement
- Apr 30, 2026
- Loan status
- Status not reported (SBA exemption)
- Jobs supported
- 9
- Business type
- Corporation
- NAICS
- 812990, All Other Personal Services
- Project location
- Kane County, IL
- SBA district office
- Illinois District Office
- Congressional district
- IL-11
- Collateral
- Yes
- Guaranteed portion sold on secondary market
- Yes
- Revolving line of credit
- No (term loan)
- Larger than 90% of acquisition loans in All Other Personal Services on this site.
- Average acquisition loan in All Other Personal Services: $1,504,156.
- 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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