SBA lending record
Midwest Eldercare LLC
343 E Park St, Mundelein, IL 60060 · Assisted Living Facilities for the Elderly. The complete public SBA 7(a) record for this business — every loan, every field, the lender, and the map.
$3.6M
Total SBA financing
1
Loan on record
FY2026
On record
10
Jobs supported
● business — business location is the ZIP-area centroid from the public record
Is Midwest Eldercare LLC your business?
This record comes from public government lending data. Claim it to correct the details or tell your story — or ask us to take it down.
The loan
$3,594,000 — FY2026
- Gross approval
- $3,594,000
- SBA guaranteed
- $2,695,500 (75%)
- Status
- Committed
- Rate at approval
- 8.75% v
- Term
- 312 mo (26 yr)
- Program
- Preferred Lenders Program
- Subprogram
- Guaranty
- Loan type
- Term loan
- Purpose
- Other / working capital
- Approved
- 3/27/2026
- Collateral
- Required
- Jobs supported
- 10
- Business type
- Corporation
- Business age
- Startup, Loan Funds will Open Business
- Industry
- Assisted Living Facilities for the Elderly
- NAICS code
- 623312
- Lender
- Milestone Bank
- Address
- 343 E Park St
- City
- Mundelein, 60060
- County
- Lake
- SBA district office
- ILLINOIS DISTRICT OFFICE
- Congressional district
- 6
The lender
Find SBA lenders for businesses like this
The banks most active funding assisted living facilities for the elderly — by location, industry.
Similar businesses
Comparable assisted living facilities for the elderly in the public SBA 7(a) record — matched on industry, then location and deal size. Public records, not for-sale listings.
Rosewater Assisted Care
Northbrook, IL· ~12 mi
Assisted Living Facilities for the Elderly
- $5.0M
- SBA financing
- ≈ $9.8M–$16M
- Est. revenue (rough)
ROSEWATER SENIOR CARE - ALPHA, LLC
Northbrook, IL· ~12 mi
Assisted Living Facilities for the Elderly
- $5.0M
- SBA financing
- ≈ $9.8M–$16M
- Est. revenue (rough)
CANVAS ASSISTED LIVING
Wadsworth, IL· ~11 mi
Assisted Living Facilities for the Elderly
- $5.0M
- SBA financing
- ≈ $9.8M–$16M
- Est. revenue (rough)
Arden Rose Assisted Living, Inc.
Algonquin, IL· ~17 mi
Assisted Living Facilities for the Elderly
- $5.0M
- SBA financing
- ≈ $9.8M–$16M
- Est. revenue (rough)
An Inspired Care LLC
Kenosha, WI· ~26 mi
Assisted Living Facilities for the Elderly
- $3.6M
- SBA financing
- ≈ $7.1M–$12M
- Est. revenue (rough)
Genesis Life Services, Inc.
Cudahy, WI· ~48 mi
Assisted Living Facilities for the Elderly
- $3.7M
- SBA financing
- ≈ $7.3M–$12M
- Est. revenue (rough)
Agent summary
This page summarizes the public SBA 7(a) lending record for Midwest Eldercare LLC in Mundelein, IL (Assisted Living Facilities for the Elderly). CapBench 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 $3.6M
- On record FY2026
- 10 jobs supported
- Industry: Assisted Living Facilities for the Elderly
- Location: Mundelein, IL
- Lender: Milestone Bank
Buyers researching a deal like this usually check lender fit next: see the SBA lenders most active with Assisted Living Facilities for the Elderly businesses in IL for ~$3.6M deals, then pre-qualify for 7(a) financing before making an offer. CapBench can arrange a lender introduction — free for buyers.
- Data freshness:
- SBA records through 2026-05-31; FDIC through 2026-03-31; page updated 2026-06-17.
- Sources:
- Public SBA 7(a) loan records; FDIC institution data (BankFind); CapBench lender and franchise enrichment.
- Methodology:
- Sources & methodology
- Informational only — CapBench does not confirm this entity is for sale, eligible for SBA financing, or approved by any lender.
- Figures come from public records and CapBench methodology; verify before relying on them.
- Financing figures are historical loan records, not a current offer or a loan approval. CapBench is not a lender.
Is Midwest Eldercare 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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CapBench listing built from public SBA 7(a) lending records. Figures are as reported; verify before relying on them. Not affiliated with Midwest Eldercare LLC.