United Food Group Inc.

1925 Holmes Rd, Elgin, IL 60123 · Coffee and Tea Manufacturing (NAICS 311920)

Loan Summary

Source: SBA FOIA Loan-Level Data

Total Loans

6

Total Amount

$6.3M

Jobs Supported

251

Years Active

2010–2018

Loan History (6)

Source: SBA FOIA
7(a)$1,040,000
Paid in Full
Approved
Mar 16, 2018 (FY2018)
SBA Guaranteed
$936,000 (90%)
Term
120 months (10.0 yrs)
Interest Rate
7.25%
Revolver
0
Jobs Supported
57
Business Type
Corporation
Business Age
Existing or More Than 2 Years Old
Industry
Coffee and Tea Manufacturing (NAICS 311920)
Paid in Full
Dec 31, 2022

Lender

Byline Bank

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

Project Location

Kane County, IL

7(a)$260,000
Paid in Full
Approved
Mar 16, 2018 (FY2018)
SBA Guaranteed
$234,000 (90%)
Term
120 months (10.0 yrs)
Interest Rate
7.25%
Revolver
0
Jobs Supported
57
Business Type
Corporation
Business Age
Existing or More Than 2 Years Old
Industry
Coffee and Tea Manufacturing (NAICS 311920)
Paid in Full
Feb 28, 2023

Lender

Byline Bank

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

Project Location

Kane County, IL

7(a)$500,000
Paid in Full
Approved
Aug 7, 2013 (FY2013)
SBA Guaranteed
$375,000 (75%)
Term
120 months (10.0 yrs)
Interest Rate
6.00%
Revolver
0
Jobs Supported
40
Business Type
Corporation
Industry
Coffee and Tea Manufacturing (NAICS 311920)
Paid in Full
Apr 30, 2015

Lender

Byline Bank

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

Project Location

Kane County, IL

7(a)$750,000
Paid in Full
Approved
Apr 18, 2012 (FY2012)
SBA Guaranteed
$562,500 (75%)
Term
60 months (5.0 yrs)
Interest Rate
6.00%
Revolver
1
Jobs Supported
35
Business Type
Corporation
Industry
Coffee and Tea Manufacturing (NAICS 311920)
Paid in Full
Apr 30, 2015

Lender

Byline Bank

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

Project Location

Kane County, IL

7(a)$2,100,000
Paid in Full
Approved
Apr 18, 2012 (FY2012)
SBA Guaranteed
$1,575,000 (75%)
Term
120 months (10.0 yrs)
Interest Rate
6.00%
Revolver
0
Jobs Supported
34
Business Type
Corporation
Industry
Coffee and Tea Manufacturing (NAICS 311920)
Paid in Full
Apr 30, 2015

Lender

Byline Bank

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

Project Location

Kane County, IL

7(a)$1,650,000
Paid in Full
Approved
Apr 22, 2010 (FY2010)
SBA Guaranteed
$1,485,000 (90%)
Term
120 months (10.0 yrs)
Interest Rate
6.00%
Revolver
0
Jobs Supported
28
Business Type
Corporation
Industry
Dried and Dehydrated Food Manufacturing (NAICS 311423)
Paid in Full
Nov 30, 2012

Lender

Republic Bank of Chicago

2221 Camden Court, Oak Brook, IL 60523

Project Location

Kane County, IL

Business Details

Business Type
Corporation
Business Age
Existing or More Than 2 Years Old
NAICS Code
311920 Coffee and Tea Manufacturing
Address
1925 Holmes Rd
Elgin, IL 60123

Lenders

Byline Bank
180 N Lasalle St, Ste 300, Chicago, IL 60601
Republic Bank of Chicago
2221 Camden Court, Oak Brook, IL 60523

Other SBA Borrowers in Elgin

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