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Tent Events Chicago LLC

Des Plaines, IL · All Other Personal Services · NAICS 812990

Tent Events Chicago LLC is a business in Des Plaines, Illinois, classified under the industry All Other Personal Services (NAICS 812990). It was financed with an SBA 7(a) loan for a change of ownership of $1 million, approved by Northbrook Bank & Trust Company, National Association, on March 26, 2025.

SBA 7(a) loan, change of ownership, approved Mar 26, 2025

$1,000,000 approvedLender: Northbrook Bank & Trust Company, National Association10 years termCommitted, not fully disbursedLoan details
Gross approval
$1,000,000
SBA-guaranteed amount
$750,000 (75% of the approval)
Lender
Northbrook Bank & Trust Company, National Association, Northbrook, IL
Processing method
Preferred Lender Program: lender approved under delegated SBA authority
Initial interest rate
8%, variable
Term
10 years (120 months)
Estimated maturity
March 26, 2035 (estimated, approval date plus term)
Estimated monthly payment
$12,133 Estimated payment at the initial rate over the full term; actual terms vary.
Loan status
Committed, not fully disbursed
Jobs supported
17
Business type
Corporation
NAICS
812990, All Other Personal Services
Project location
Cook 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 41% 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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Same industry in Illinois