Viper Industries, LLC
Viper Industries, LLC is located in Bridgeview, IL, and the SBA lists its industry as Other Chemical and Allied Products Merchant Wholesalers. It was approved for an SBA 7(a) loan of $3,920,700 for a change of ownership on June 25, 2025.
SBA 7(a) loan, change of ownership, approved Jun 25, 2025
- Gross approval
- $3,920,700
- SBA-guaranteed amount
- $2,940,525 (75% of the approval)
- Lender
- Wintrust Bank National Association, Chicago, IL
- Processing method
- Preferred Lender Program: lender approved under delegated SBA authority
- Initial interest rate
- 7.5%, variable
- Term
- 10 years (120 months)
- Estimated maturity
- June 25, 2035 (estimated, approval date plus term)
- Estimated monthly payment
- $46,539 Estimated payment at the initial rate over the full term; actual terms vary.
- First disbursement
- Jun 30, 2025
- Loan status
- Status not reported (SBA exemption)
- Jobs supported
- 11
- Business type
- Corporation
- NAICS
- 424690, Other Chemical and Allied Products Merchant Wholesalers
- Project location
- Cook County, IL
- SBA district office
- Illinois District Office
- Congressional district
- IL-03
- Collateral
- Yes
- Guaranteed portion sold on secondary market
- Not reported as sold
- Revolving line of credit
- No (term loan)
- Larger than 85% of acquisition loans in Other Chemical and Allied Products Merchant Wholesalers on this site.
- Average acquisition loan in Other Chemical and Allied Products Merchant Wholesalers: $1,814,154.
- 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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