SBA lending record

Archer Hospitality LLC

4944 S. Archer Ave, Chicago, IL 60632 · Bed-and-Breakfast Inns. The complete public SBA 7(a) record for this business — every loan, every field, the lender, and the map.

$4.3M

Total SBA financing

Loan on record

FY2020

On record

Jobs supported

● business — business location is the ZIP-area centroid from the public record

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The loan

$4,285,000 — FY2020

Gross approval: $4,285,000
SBA guaranteed: $3,213,750 (75%)
Status: Current
Rate at approval: 5.25% v
Term: 300 mo (25 yr)
Program: 7a General
Subprogram: Guaranty
Loan type: Term loan
Purpose: Business purchase
Approved: 8/20/2020
First disbursement: 9/22/2020
Days to fund: 33 days
Collateral: Required
Sold on secondary market: Yes
Jobs supported

The lender

Millennium Bank

1 loan to this businessFull SBA lending record + branches on the lender page →

Agent summary

This page summarizes the public SBA 7(a) lending record for Archer Hospitality LLC in Chicago, IL (Bed-and-Breakfast Inns). DealRoom compiles public SBA loan data, lender activity, and business signals to help buyers and advisors evaluate acquisition financing — it does not list this business for sale.

1 SBA 7(a) loan totaling $4.3M
On record FY2020
21 jobs supported
Industry: Bed-and-Breakfast Inns
Location: Chicago, IL
Lender: Millennium Bank

Next steps

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DealRoom listing built from public SBA 7(a) lending records. Figures are as reported; verify before relying on them. Not affiliated with Archer Hospitality LLC.