Bear Stewart Llc

1025 N. Damen Ave, Chicago, IL 60622 · Commercial Bakeries (NAICS 311812)

Loan Summary

Source: SBA FOIA Loan-Level Data

Total Loans

3

Total Amount

$8.3M

Jobs Supported

93

Years Active

2024–2024

Loan History (3)

Source: SBA FOIA
7(a)$3,903,500
Cancelled
Approved
Jan 21, 2024 (FY2024)
SBA Guaranteed
$2,927,625 (75%)
Term
120 months (10.0 yrs)
Interest Rate
10.25%
Revolver
0
Jobs Supported
31
Business Type
Corporation
Business Age
New Business or 2 Years or Less
Industry
Commercial Bakeries (NAICS 311812)

Lender

Merchants Bank of Indiana

410 Monon Blvd, Carmel, IN 46032

Project Location

Cook County, IL

7(a)$500,000
Exempt
Approved
Jan 31, 2024 (FY2024)
SBA Guaranteed
$250,000 (50%)
Term
120 months (10.0 yrs)
Interest Rate
10.25%
Revolver
1
Jobs Supported
31
Business Type
Corporation
Business Age
New Business or 2 Years or Less
Industry
Commercial Bakeries (NAICS 311812)

Lender

Merchants Bank of Indiana

410 Monon Blvd, Carmel, IN 46032

Project Location

Cook County, IL

7(a)$3,903,500
Exempt
Approved
Jan 31, 2024 (FY2024)
SBA Guaranteed
$3,513,150 (90%)
Term
120 months (10.0 yrs)
Interest Rate
10.25%
Revolver
0
Jobs Supported
31
Business Type
Corporation
Business Age
New Business or 2 Years or Less
Industry
Commercial Bakeries (NAICS 311812)

Lender

Merchants Bank of Indiana

410 Monon Blvd, Carmel, IN 46032

Project Location

Cook County, IL

Business Details

Business Type
Corporation
Business Age
New Business or 2 Years or Less
NAICS Code
311812 Commercial Bakeries
Address
1025 N. Damen Ave
Chicago, IL 60622

Lender

Merchants Bank of Indiana
410 Monon Blvd, Carmel, IN 46032

Other SBA Borrowers in Chicago

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