{"ok":true,"canonical_url":"https://dealroom.so/lenders/sterling-federal-bank-f-s-b","api_url":"https://dealroom.so/api/public/lenders/sterling-federal-bank-f-s-b","data_freshness":{"sba_records_through":"2026-05-31","fdic_records_through":"2026-03-31","dealroom_last_updated":"2026-06-16","timezone":"America/Chicago"},"methodology":{"label":"SBA lender ranking methodology","url":"https://dealroom.so/methodology/lender-rankings"},"source_summary":["Public SBA 7(a) loan records","FDIC institution data","DealRoom lender and franchise enrichment"],"lender":{"name":"Sterling Federal Bank, F.S.B.","slug":"sterling-federal-bank-f-s-b","url":"https://dealroom.so/lenders/sterling-federal-bank-f-s-b","hq":"110 E 4th St, Sterling, IL","website":"www.sterlingfederal.com","branchCount":9,"sbaFocus":{"pct":0.1,"pctile":42,"tier":"sideline"},"recentDealsSampled":9,"businessPurchases":3,"typicalDeal":188000,"dealRange25th75th":[100000,279000],"typicalDaysApprovalToFunding":null,"topIndustries":[{"count":2,"name":"Offices of Chiropractors"},{"count":2,"name":"All Other Miscellaneous Manufacturing"},{"count":1,"name":"Limited-Service Restaurants"},{"count":1,"name":"Soil Preparation, Planting, and Cultivating"},{"count":1,"name":"Car Washes"},{"count":1,"name":"Flower, Nursery Stock, and Florists' Supplies Merchant Whole"},{"count":1,"name":"Electronic Shopping and Mail-Order Houses"}],"topStates":[{"count":8,"state":"IL"},{"count":1,"state":"IA"}],"topFranchises":[{"name":"Subway","count":1,"url":"https://dealroom.so/franchises/subway"}],"recentDeals":[{"acquisition":true,"approvalDate":"12/4/2025","borrName":"Kochsmeier Enterprises RF LLC","businessAge":"Change of Ownership","businessType":"Corporation","chargeOffAmount":null,"chargeOffDate":null,"city":"Rock Falls","collateral":true,"daysToFund":27,"firstDisbursement":"12/31/2025","fixedVar":"V","franchise":"Subway","fy":2026,"gross":150000,"industry":"Limited-Service Restaurants","jobs":4,"paidInFullDate":null,"processing":"7a General","rate":9.5,"revolver":"FALSE","sbaGuaranteed":127500,"soldSecMkt":null,"state":"IL","status":"CURR","subprogram":"Guaranty","termMonths":120},{"acquisition":false,"approvalDate":"3/26/2026","borrName":"Koah Chiropractic LLC","businessAge":"New Business or 2 years or less","businessType":"Corporation","chargeOffAmount":null,"chargeOffDate":null,"city":"Romeoville","collateral":true,"daysToFund":null,"firstDisbursement":null,"fixedVar":"V","franchise":null,"fy":2026,"gross":30000,"industry":"Offices of Chiropractors","jobs":4,"paidInFullDate":null,"processing":"7a General","rate":9.25,"revolver":"FALSE","sbaGuaranteed":25500,"soldSecMkt":null,"state":"IL","status":"COMMIT","subprogram":"Guaranty","termMonths":36},{"acquisition":false,"approvalDate":"10/15/2024","borrName":"RCM Direct Fence LLC","businessAge":"Existing or more than 2 years old","businessType":"Corporation","chargeOffAmount":null,"chargeOffDate":null,"city":"Harvard","collateral":true,"daysToFund":46,"firstDisbursement":"11/30/2024","fixedVar":"V","franchise":null,"fy":2025,"gross":300000,"industry":"All Other Miscellaneous Manufacturing","jobs":10,"paidInFullDate":"1/31/2026","processing":"7a General","rate":12.5,"revolver":"FALSE","sbaGuaranteed":225000,"soldSecMkt":null,"state":"IL","status":"P I F","subprogram":"Guaranty","termMonths":66},{"acquisition":false,"approvalDate":"12/10/2024","borrName":"Brian's Precision Ag, LLC","businessAge":"New Business or 2 years or less","businessType":"Corporation","chargeOffAmount":null,"chargeOffDate":null,"city":"Polo","collateral":true,"daysToFund":73,"firstDisbursement":"2/21/2025","fixedVar":"V","franchise":null,"fy":2025,"gross":188000,"industry":"Soil Preparation, Planting, and Cultivating","jobs":2,"paidInFullDate":null,"processing":"7a General","rate":10.5,"revolver":"FALSE","sbaGuaranteed":141000,"soldSecMkt":null,"state":"IL","status":"CURR","subprogram":"Guaranty","termMonths":119},{"acquisition":false,"approvalDate":"11/13/2024","borrName":"Koah Chiropractic LLC","businessAge":"Startup, Loan Funds will Open Business","businessType":"Corporation","chargeOffAmount":null,"chargeOffDate":null,"city":"Romeoville","collateral":true,"daysToFund":2,"firstDisbursement":"11/15/2024","fixedVar":"V","franchise":null,"fy":2025,"gross":100000,"industry":"Offices of Chiropractors","jobs":7,"paidInFullDate":null,"processing":"7a General","rate":10.5,"revolver":"FALSE","sbaGuaranteed":85000,"soldSecMkt":null,"state":"IL","status":"CURR","subprogram":"Guaranty","termMonths":66},{"acquisition":false,"approvalDate":"3/13/2025","borrName":"RCM Direct Fence LLC","businessAge":"New Business or 2 years or less","businessType":"Corporation","chargeOffAmount":null,"chargeOffDate":null,"city":"Harvard","collateral":true,"daysToFund":19,"firstDisbursement":"4/1/2025","fixedVar":"V","franchise":null,"fy":2025,"gross":100000,"industry":"All Other Miscellaneous Manufacturing","jobs":10,"paidInFullDate":"1/31/2026","processing":"7a with WCP","rate":10,"revolver":"TRUE","sbaGuaranteed":85000,"soldSecMkt":null,"state":"IL","status":"P I F","subprogram":"Revolving Line of Credit Expor","termMonths":60},{"acquisition":true,"approvalDate":"5/2/2024","borrName":"DTJO Co","businessAge":"Change of Ownership","businessType":"Corporation","chargeOffAmount":null,"chargeOffDate":null,"city":"Downers Grove","collateral":true,"daysToFund":57,"firstDisbursement":"6/28/2024","fixedVar":"V","franchise":null,"fy":2024,"gross":500000,"industry":"Car Washes","jobs":16,"paidInFullDate":null,"processing":"7a General","rate":11,"revolver":"FALSE","sbaGuaranteed":375000,"soldSecMkt":null,"state":"IL","status":"CURR","subprogram":"Guaranty","termMonths":120},{"acquisition":false,"approvalDate":"8/8/2024","borrName":"Lundstrom Florist, Inc.","businessAge":"Existing or more than 2 years old","businessType":"Corporation","chargeOffAmount":null,"chargeOffDate":null,"city":"Sterling","collateral":true,"daysToFund":12,"firstDisbursement":"8/20/2024","fixedVar":"V","franchise":null,"fy":2024,"gross":273000,"industry":"Flower, Nursery Stock, and Florists' Supplies Merchant Whole","jobs":5,"paidInFullDate":null,"processing":"7a General","rate":9.5,"revolver":"FALSE","sbaGuaranteed":204750,"soldSecMkt":null,"state":"IL","status":"CURR","subprogram":"Guaranty","termMonths":240},{"acquisition":true,"approvalDate":"7/23/2021","borrName":"Dynes Designz LLC","businessAge":"Change of Ownership","businessType":"Corporation","chargeOffAmount":null,"chargeOffDate":null,"city":"Bettendorf","collateral":true,"daysToFund":6,"firstDisbursement":"7/29/2021","fixedVar":"F","franchise":null,"fy":2021,"gross":279000,"industry":"Electronic Shopping and Mail-Order Houses","jobs":3,"paidInFullDate":null,"processing":"7a General","rate":6.025,"revolver":"FALSE","sbaGuaranteed":251100,"soldSecMkt":null,"state":"IA","status":"CURR","subprogram":"Guaranty","termMonths":120}]},"for_agents":{"mcp_endpoint":"https://dealroom.so/api/mcp","docs":"https://dealroom.so/for-agents","recommended_next_step":"If a buyer is evaluating a purchase that fits Sterling Federal Bank, F.S.B., the usual next step is to pre-qualify the deal for SBA 7(a) financing and request an introduction in IL. DealRoom arranges the introduction — free for buyers.","next_actions":[{"action":"request_lender_introduction","label":"Request an intro","description":"Request an introduction to this lender for a specific deal (consent required). DealRoom forwards the lead to the lender.","web_url":"https://dealroom.so/lenders/sterling-federal-bank-f-s-b?state=IL&utm_source=agent&utm_medium=entity_funnel&utm_campaign=lender_intro"},{"action":"rank_sba_lenders","label":"Rank lenders","description":"Rank the most active SBA lenders for a purchase (optionally by state).","mcp_tool":"rank_sba_lenders","args":{"state":"IL"},"web_url":"https://dealroom.so/lenders/state/il?utm_source=agent&utm_medium=entity_funnel&utm_campaign=lender_rank"},{"action":"prequalify_business_purchase","label":"Pre-qualify a deal","description":"Pre-qualify a purchase to see if this lender is a fit.","mcp_tool":"prequalify_business_purchase","web_url":"https://dealroom.so/prequalify?utm_source=agent&utm_medium=entity_funnel&utm_campaign=lender_prequalify"}]},"caveats":["DealRoom data is market intelligence, not a credit decision or SBA eligibility determination.","Final lender fit depends on SBA eligibility, borrower strength, collateral, cash flow, guarantors, and lender policy."],"citation":{"label":"DealRoom lender profile","url":"https://dealroom.so/lenders/sterling-federal-bank-f-s-b","source_type":"DealRoom Data"}}