Revolution Beer Llc

3330-3350 N Kedzie Ave., Chicago, IL 60618 · Breweries (NAICS 312120)

Loan Summary

Source: SBA FOIA Loan-Level Data

Total Loans

5

Total Amount

$8.1M

Jobs Supported

194

Years Active

2008–2014

Loan History (5)

Source: SBA FOIA
504$2,467,000
Cancelled
Approved
Sep 23, 2014 (FY2014)
Term
120 months (10.0 yrs)
Jobs Supported
30
Business Type
Corporation
Industry
Breweries (NAICS 312120)

Lender

Old National Bank

Certified Development Company (CDC)

Somercor 504, Inc.

209 S. Lasalle Street, Chicago, IL 60604

Third-Party Lender

Old National Bank · Evansville, IN

Project Location

Cook County, IL

7(a)$2,726,000
Paid in Full
Approved
Nov 3, 2011 (FY2012)
SBA Guaranteed
$2,044,500 (75%)
Term
127 months (10.6 yrs)
Interest Rate
7.50%
Revolver
0
Jobs Supported
20
Business Type
Corporation
Industry
Breweries (NAICS 312120)
Paid in Full
Jan 31, 2020

Lender

Old National Bank

One Main St, Evansville, IN 47708

Project Location

Cook County, IL

7(a)$1,380,200
Cancelled
Approved
Aug 18, 2011 (FY2011)
SBA Guaranteed
$1,035,150 (75%)
Term
127 months (10.6 yrs)
Interest Rate
6.00%
Revolver
0
Jobs Supported
21
Business Type
Corporation
Industry
Breweries (NAICS 312120)

Lender

Popular Bank

11 W 51st St, New York City, NY 10019

Project Location

Cook County, IL

7(a)$790,700
Paid in Full
Approved
Oct 20, 2010 (FY2011)
SBA Guaranteed
$711,630 (90%)
Term
123 months (10.3 yrs)
Interest Rate
5.50%
Revolver
0
Jobs Supported
90
Business Type
Corporation
Industry
Full-service Restaurants (NAICS 722110)
Paid in Full
Jan 31, 2020

Lender

Old National Bank

One Main St, Evansville, IN 47708

Project Location

Cook County, IL

504$734,000
Paid in Full
Approved
Jan 9, 2008 (FY2008)
Term
240 months (20.0 yrs)
Jobs Supported
33
Business Type
Corporation
Industry
Drinking Places (alcoholic Beverages) (NAICS 722410)
Paid in Full
Dec 31, 2019

Certified Development Company (CDC)

Somercor 504, Inc.

209 S. Lasalle Street, Chicago, IL 60604

Project Location

Cook County, IL

Business Details

Business Type
Corporation
NAICS Code
312120 Breweries
Address
3330-3350 N Kedzie Ave.
Chicago, IL 60618

Lenders

Old National Bank
Popular Bank
11 W 51st St, New York City, NY 10019

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