Home MarketsIllinois Local market
Supermarkets and Other Grocery Retailers (except Convenience Retailers): SBA acquisition loans in Illinois
9 SBA-financed business acquisitions in Illinois classified as Supermarkets and Other Grocery Retailers (except Convenience Retailers), FY2024–FY2026. Median loan $1.4M. See which lenders did them.
- Acquisitions financed
- 9
- Total approved
- $16.5M
- Median loan
- $1.4M
- Middle half of loans
- $371K to $3.3M
- Median starting rate
- 8.50%
- Median term
- 10 yrs
How to interpret this profile and build a shortlist →
Small sample. This local profile has 9 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 | Bank of Belleville | 2 | 22% | $1.1M | $2.2M |
| 2 | Byline Bank | 1 | 11% | $4.7M | $4.7M |
| 3 | First Merchants Bank | 1 | 11% | $4.3M | $4.3M |
| 4 | Merchants Bank of Indiana | 1 | 11% | $3.3M | $3.3M |
| 5 | Pan American Bank & Trust | 1 | 11% | $1.4M | $1.4M |
| 6 | Bank of Springfield | 1 | 11% | $413K | $413K |
| 7 | The Huntington National Bank | 1 | 11% | $135K | $135K |
| 8 | Peoples National Bank National Association | 1 | 11% | $46K | $46K |
For comparison, the same industry nationwide: 180 loans, median $855K, median starting rate 9.47%. See Supermarkets and Other Grocery Retailers (except Convenience Retailers) 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.