SBA lending record
R.E.A.D. Worldwide, LLC
1245 SOUTH MICHIGAN AVE, Chicago, IL 60605 · Educational Support Services. The complete public SBA 7(a) record for this business — every loan, every field, the lender, and the map.
$250K
Total SBA financing
1
Loan on record
FY2022
On record
5
Jobs supported
● business — business location is the ZIP-area centroid from the public record
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The loan
$250,000 — FY2022
- Gross approval
- $250,000
- SBA guaranteed
- $187,500 (75%)
- Status
- Charged off (failed)
- Rate at approval
- 8.25% v
- Term
- 95 mo (8 yr)
- Program
- Preferred Lenders Program
- Subprogram
- Guaranty
- Loan type
- Term loan
- Purpose
- Other / working capital
- Approved
- 9/20/2022
- First disbursement
- 9/30/2022
- Days to fund
- 10 days
- Charged off
- 1/6/2025
- Charge-off amount
- $241,616
The lender
The Huntington National 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 R.E.A.D. Worldwide, LLC in Chicago, IL (Educational Support Services). 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 $250K
- On record FY2022
- 5 jobs supported
- Industry: Educational Support Services
- Location: Chicago, IL
- Lender: The Huntington National Bank
- Data freshness:
- SBA records through 2026-05-31; FDIC through 2026-03-31; page updated 2026-06-15.
- Sources:
- Public SBA 7(a) loan records; FDIC institution data (BankFind); DealRoom lender and franchise enrichment.
- Methodology:
- Sources & methodology
Is R.E.A.D. Worldwide, LLC your business?
This page was built from public lending data. Claim it free to correct the details, tell your story, and control how your business shows up — or ask us to take it down.
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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 R.E.A.D. Worldwide, LLC.