Private company
Magellan Development Group
Magellan Development Group, LLC is an American real estate and property development company that was formed in 1996 as a result of a long term corporate partnership between Joel Carlins and James Loewenberg. The company's chief executive officer is David Carlins and J.R. Berger is the President.2 It is headquartered in Chicago.1 Wikipedia text CC BY-SA 4.0
Last updated Oct 21, 2026.
Overview
- HeadquartersChicago1
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Magellan Development Group, LLC is an American real estate and property development company that was formed in 1996 as a result of a long term corporate partnership between Joel Carlins and James Loewenberg. The company's chief executive officer is David Carlins and J.R. Berger is the President.2
Funding
Where the company's money came from, by calendar year: private offerings filed with the SEC, federal grants, loans, contracts and other assistance from USAspending.gov, and PPP loans from the SBA. Each bar links to the records below.
- PPP loans $843.8K
Figures by year
| Year | PPP loans | Total |
|---|---|---|
| 2020 | $843.8K | $843.8K |
PPP loans
Paycheck Protection Program loans of $150,000 and up, approved April 2020 to July 2021, from the SBA3. Matched to this company by name and state.
- Apr 12, 2020$843.8K PPP loan (first draw) from CIBC Bank USA3To MAGELLAN DEVELOPMENT GROUP LLC, Chicago IL; $849.4K forgiven Dec 8, 2020
Links
- WikipediaMagellan Development Group
- WikidataQ17080105
Sources
The numbers on this page point here. Each one links to the record it came from.
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