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L & C MART CORP. — SBA Loan Record (Mundelein, IL) | DealRoom

Intelligence/Supermarkets and Other Grocery Retailers (except Convenience/IL

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SBA lending record

L & C MART CORP.

1408 Townline Rd, Mundelein, IL 60060 · Supermarkets and Other Grocery Retailers (except Convenience. The complete public SBA 7(a) record for this business — every loan, every field, the lender, and the map.

$70K

Total SBA financing

1

Loan on record

FY2025

On record

2

Jobs supported

● business — business location is the ZIP-area centroid from the public record

Is L & C MART CORP. your business?

This record comes from public government lending data. Claim it to correct the details or tell your story — or ask us to take it down.

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The loan

$70,000 — FY2025

Gross approval: $70,000
SBA guaranteed: $59,500 (85%)
Status: Current
Rate at approval: 10.75% v
Term: 120 mo (10 yr)
Program: Preferred Lenders Program
Subprogram: Guaranty
Loan type: Term loan
Purpose: Other / working capital
Approved: 12/2/2024
First disbursement: 12/17/2024
Days to fund: 15 days
Collateral: None
Sold on secondary market: Yes
Jobs supported: 2
Business type: Corporation
Business age: Existing or more than 2 years old
Industry: Supermarkets and Other Grocery Retailers (except Convenience
NAICS code: 445110
Lender: Northeast Bank
Address: 1408 Townline Rd
City: Mundelein, 60060
County: Lake
SBA district office: ILLINOIS DISTRICT OFFICE
Congressional district: 6

The lender

Northeast Bank

1 loan to this businessFull SBA lending record + branches on the lender page →

Find SBA lenders for businesses like this

The banks most active funding supermarkets and other grocery retailers (except convenience — by location, industry.

SBA lenders in Illinois Lenders for supermarkets and other grocery retailers (except convenience Supermarkets and Other Grocery Retailers (except Convenience lenders in Illinois

Similar businesses

Comparable supermarkets and other grocery retailers (except convenience in the public SBA 7(a) record — matched on industry, then location and deal size. Public records, not for-sale listings.

Hafeez Enterprises, Inc.

Wauconda, IL· ~9 mi

Supermarkets and Other Grocery Retailers (except Convenience

$115K
SBA financing: ≈ $225K–$376K
Est. revenue (rough)

Grace Foods LLC

Arlington Heights, IL· ~8 mi

Supermarkets and Other Grocery Retailers (except Convenience

$150K
SBA financing: ≈ $294K–$490K
Est. revenue (rough)

BOMBAY MART INC

Algonquin, IL· ~19 mi

Supermarkets and Other Grocery Retailers (except Convenience

$50K
SBA financing: ≈ $98K–$163K
Est. revenue (rough)

SIRI FOODS INC.

Bartlett, IL· ~22 mi

Supermarkets and Other Grocery Retailers (except Convenience

$105K
SBA financing: ≈ $206K–$343K
Est. revenue (rough)

TMG Produce Inc.

Des Plaines, IL· ~16 mi

Supermarkets and Other Grocery Retailers (except Convenience

$100K
SBA financing: ≈ $196K–$327K
Est. revenue (rough)

JASMINO FOOD MART INC.

Chicago, IL· ~26 mi

Supermarkets and Other Grocery Retailers (except Convenience

$101K
SBA financing: ≈ $199K–$331K
Est. revenue (rough)

Agent summary

This page summarizes the public SBA 7(a) lending record for L & C MART CORP. in Mundelein, IL (Supermarkets and Other Grocery Retailers (except Convenience). DealRoom compiles public SBA loan data, lender activity, and business signals to help buyers and advisors evaluate acquisition financing — it does not list this business for sale.

1 SBA 7(a) loan totaling $70K
On record FY2025
2 jobs supported
Industry: Supermarkets and Other Grocery Retailers (except Convenience
Location: Mundelein, IL
Lender: Northeast Bank

Buyers researching a deal like this usually check lender fit next: see the SBA lenders most active with Supermarkets and Other Grocery Retailers (except Convenience businesses in IL for ~$70k deals, then pre-qualify for 7(a) financing before making an offer. DealRoom can arrange a lender introduction — free for buyers.

Next steps

Pre-qualify this deal→Talk to a loan broker→Find SBA lenders→Compare similar deals→

Data freshness:: SBA records through 2026-05-31; FDIC through 2026-03-31; page updated 2026-06-16.
Sources:: Public SBA 7(a) loan records; FDIC institution data (BankFind); DealRoom lender and franchise enrichment.
Canonical:: https://dealroom.so/businesses/l-c-mart-corp-il
API:: https://dealroom.so/api/public/businesses/l-c-mart-corp-il
Methodology:: Sources & methodology

Informational only — DealRoom does not confirm this entity is for sale, eligible for SBA financing, or approved by any lender.
Figures come from public records and DealRoom methodology; verify before relying on them.
Financing figures are historical loan records, not a current offer or a loan approval. DealRoom is not a lender.

Is L & C MART CORP. your business?

This page was built from public lending data. Claim it free to correct the details, tell your story, and control how your business shows up — or ask us to take it down.

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DealRoom listing built from public SBA 7(a) lending records. Figures are as reported; verify before relying on them. Not affiliated with L & C MART CORP..