Home MarketsIllinois Local market
Full-Service Restaurants: SBA acquisition loans in Illinois
62 SBA-financed business acquisitions in Illinois classified as Full-Service Restaurants, FY2024–FY2026. Median loan $386K. See which lenders did them.
- Acquisitions financed
- 62
- Total approved
- $38.7M
- Median loan
- $386K
- Middle half of loans
- $100K to $880K
- Median starting rate
- 9.50%
- Median term
- 10 yrs
How to interpret this profile and build a shortlist →
Lenders that financed these deals
| # | Lender | Loans | Share | Median loan | Total approved |
|---|---|---|---|---|---|
| 1 | The Huntington National Bank | 33 | 53% | $150K | $16.7M |
| 2 | Byline Bank | 4 | 6% | $608K | $3.5M |
| 3 | Bank of Springfield | 4 | 6% | $597K | $2.7M |
| 4 | Centerstone SBA Lending, Inc. | 2 | 3% | $1.3M | $2.5M |
| 5 | First Bankers Trust Company National Association | 2 | 3% | $355K | $710K |
| 6 | Newtek Bank, National Association | 2 | 3% | $288K | $575K |
| 7 | VelocitySBA, LLC | 1 | 2% | $2.8M | $2.8M |
| 8 | Hanover Community Bank | 1 | 2% | $1.9M | $1.9M |
| 9 | Busey Bank | 1 | 2% | $1.3M | $1.3M |
| 10 | FWBank | 1 | 2% | $985K | $985K |
| 11 | Old National Bank | 1 | 2% | $934K | $934K |
| 12 | Celtic Bank Corporation | 1 | 2% | $749K | $749K |
| 13 | Merchants Bank of Indiana | 1 | 2% | $660K | $660K |
| 14 | St. Louis Bank | 1 | 2% | $608K | $608K |
| 15 | Peru Federal Savings Bank | 1 | 2% | $450K | $450K |
For comparison, the same industry nationwide: 1,235 loans, median $465K, median starting rate 9.50%. See Full-Service Restaurants 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.