Sterling Brands Llc

555 Allendale Dr, Wheeling, IL 60090 · All Other Plastics Product Manufacturing (NAICS 326199)

Loan Summary

Source: SBA FOIA Loan-Level Data

Total Loans

3

Total Amount

$5.3M

Jobs Supported

69

Years Active

2021–2025

Loan History (3)

Source: SBA FOIA
7(a)$1,250,000
Exempt
Approved
Oct 16, 2024 (FY2025)
SBA Guaranteed
$937,500 (75%)
Term
120 months (10.0 yrs)
Interest Rate
11.00%
Revolver
0
Jobs Supported
21
Business Type
Corporation
Business Age
Existing or More Than 2 Years Old
Industry
All Other Plastics Product Manufacturing (NAICS 326199)

Lender

Newtek Bank, National Association

1111 Brickell Ave, Ste 135, Miami, FL 33131

Project Location

Cook County, IL

7(a)$250,000
Exempt
Approved
Aug 27, 2024 (FY2024)
SBA Guaranteed
$125,000 (50%)
Term
120 months (10.0 yrs)
Interest Rate
14.50%
Revolver
1
Jobs Supported
21
Business Type
Corporation
Business Age
Existing or More Than 2 Years Old
Industry
All Other Plastics Product Manufacturing (NAICS 326199)

Lender

Newtek Bank, National Association

1111 Brickell Ave, Ste 135, Miami, FL 33131

Project Location

Cook County, IL

7(a)$3,800,000
Cancelled
Approved
Sep 24, 2021 (FY2021)
SBA Guaranteed
$3,420,000 (90%)
Term
120 months (10.0 yrs)
Interest Rate
6.00%
Revolver
0
Jobs Supported
27
Business Type
Corporation
Business Age
Existing or More Than 2 Years Old
Industry
All Other Plastics Product Manufacturing (NAICS 326199)

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
326199 All Other Plastics Product Manufacturing
Address
555 Allendale Dr
Wheeling, IL 60090

Lenders

Newtek Bank, National Association
1111 Brickell Ave, Ste 135, Miami, FL 33131
Byline Bank
180 N Lasalle St, Ste 300, Chicago, IL 60601

Other SBA Borrowers in Wheeling

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