Great Lakes Machining Co
Watchterm sheetMulti-Process Machining · NAICS 332710
Location
Chicago, IL
Employees
34
Lead Contact
Patricia Osei
President
Term sheet in negotiation. Owner open to 20% equity. SBA 7a payoff planned on close.
#machining#sba-payoff#negotiating
Financial Snapshot
Annual Revenue
$2,900,000
Monthly Cashflow
$9,600
Debt Service / mo
$19,800
DSCR0.48x
Below threshold — immediate attention
SAM.gov
Not StartedForensic Audit
PROCEEDTotal Debt
$2.1M
Secured
$1.8M
Equipment Value
$1.2M
Rec. Capital
$1.4M
Key Findings
→Positive cashflow but thin — DSCR below safe threshold at 0.48x
→SBA 7a at 8.75% — payoff will immediately improve cashflow $9,400/month
→Real estate owned outright — strong equity position
Debt & Capital Structure
Monthly Debt Service
$19,800
Monthly Cashflow
$9,600
Equity Stake
Not Set
Capital Deployed
None
Debt Service Coverage Ratio0.48x
0x1.25x threshold2x+
Asset Coverage
Equipment$1.2M
AR Outstanding$312K
Inventory$180K
Real Estate$650K
Total Assets$2.3M
Grants & Approvals
Applied: $150K
Illinois EDGE — Economic Development for a Growing Economyidentified
Illinois Dept. of Commerce & Economic Opportunity
Post-close opportunity. Will apply once term sheet signed and expansion plan finalized.
$150K
Fit: 74%
Deal Intelligence
Call / Meeting Notes
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