Labriola Cafe - Michigan Ave Llc

535 N Michigan Ave, Chicago, IL 60611 · Full-service Restaurants (NAICS 722511)

Loan Summary

Source: SBA FOIA Loan-Level Data

Total Loans

3

Total Amount

$8.2M

Jobs Supported

270

Years Active

2015–2022

Loan History (3)

Source: SBA FOIA
7(a)$2,200,000
Paid in Full
Approved
Jul 22, 2022 (FY2022)
SBA Guaranteed
$1,650,000 (75%)
Term
120 months (10.0 yrs)
Interest Rate
7.50%
Revolver
0
Jobs Supported
170
Business Type
Corporation
Business Age
Existing or More Than 2 Years Old
Industry
Full-service Restaurants (NAICS 722511)
Paid in Full
Sep 30, 2025

Lender

Newtek Small Business Finance, Inc.

1981 Marcus Avenue, Lake Success, NY 11042

Project Location

Cook County, IL

7(a)$2,670,000
Cancelled
Approved
Mar 4, 2020 (FY2020)
SBA Guaranteed
$1,869,000 (70%)
Term
120 months (10.0 yrs)
Interest Rate
7.50%
Revolver
0
Jobs Supported
100
Business Type
Corporation
Business Age
Existing or More Than 2 Years Old
Industry
Full-service Restaurants (NAICS 722511)

Lender

Newtek Small Business Finance, Inc.

1981 Marcus Avenue, Lake Success, NY 11042

Project Location

Cook County, IL

7(a)$3,300,000
Paid in Full
Approved
Feb 6, 2015 (FY2015)
SBA Guaranteed
$2,475,000 (75%)
Term
120 months (10.0 yrs)
Interest Rate
6.00%
Revolver
0
Business Type
Corporation
Industry
Full-service Restaurants (NAICS 722511)
Paid in Full
Sep 30, 2022

Lender

Byline Bank

180 N Lasalle St, Ste 300, Chicago, IL 60601

Project Location

Cook County, IL

Business Details

Business Type
Corporation
Business Age
Existing or More Than 2 Years Old
NAICS Code
722511 Full-service Restaurants
Address
535 N Michigan Ave
Chicago, IL 60611

Lenders

Newtek Small Business Finance, Inc.
1981 Marcus Avenue, Lake Success, NY 11042
Byline Bank
180 N Lasalle St, Ste 300, Chicago, IL 60601

Other SBA Borrowers in Chicago

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