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Flooring Contractors: SBA acquisition loans in Illinois
6 SBA-financed business acquisitions in Illinois classified as Flooring Contractors, FY2024–FY2026. Median loan $875K. See which lenders did them.
- Acquisitions financed
- 6
- Total approved
- $7.1M
- Median loan
- $875K
- Middle half of loans
- $284K to $1.7M
- Median starting rate
- 8.15%
- Median term
- 10 yrs
How to interpret this profile and build a shortlist →
Small sample. This local profile has 6 recorded approvals in FY2024–FY2026. For a broader comparison, open the Illinois state profile or the national industry profile.
Lenders that financed these deals
| # | Lender | Loans | Share | Median loan | Total approved |
|---|---|---|---|---|---|
| 1 | Crystal Lake Bank & Trust Company, National Association | 2 | 33% | $2.5M | $5.0M |
| 2 | Beacon Bank and Trust | 1 | 17% | $1.5M | $1.5M |
| 3 | Mechanics and Farmers Bank | 1 | 17% | $296K | $296K |
| 4 | First American Bank | 1 | 17% | $280K | $280K |
| 5 | Peoples National Bank National Association | 1 | 17% | $100K | $100K |
For comparison, the same industry nationwide: 78 loans, median $596K, median starting rate 9.25%. See Flooring Contractors in every state.
Deals by SBA fiscal year
Reading these numbers
The amount shown is the gross loan approval. A loan can cover costs beyond the purchase, and the public file does not disclose the agreed purchase price or the rest of the financing. The loan-size analysis shows how to compare amounts across markets.