Maverick Commerical Mortgage Announces $3,285,600 SBA Loan
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Maverick Commercial Mortgage, Inc. announced today it secured financing for an Evanston, IL based BBQ restaurant, Soul & Smoke. The loan, provided by a regional SBA Lender, is a variable rate, 25-year fully amortizing loan. The loan proceeds provided the borrower with funds to complete construction, refinance in-place debt, and working capital for the business.
Soul & Smoke is quickly growing into Chicago’s favorite BBQ powerhouse and hidden soul food gem. They’ve expanded to multiple locations, including a spot at Soldier Field, two food trucks, and a retail line. Through it all, they’ve been obsessed with delivering the boldest, highest-quality barbecue, comfort, and soul food to the people in our communities. This is Maverick’s first time closing with this borrower and lender.
About Maverick Commercial Mortgage, Inc.
Maverick Commercial Mortgage, Inc., arranges a wide variety of commercial real estate loans ranging from $2,000,000 to $100,000,000 for its middle market real estate developer and investor clients.