Food & Restaurants · lender intelligence
How to finance a Bonchon in Illinois
The SBA 7(a) lenders funding the most Bonchon deals in Illinois, from public loan records — typical Bonchon loan about $762K. A bank already funding the brand in your state knows it twice over.
Most active with Bonchon in Illinois
Ranked by funded Bonchon loans in Illinois. Tap a lender for its full record, or hit Get in touch for an introduction.
- 1.242 loans · $281M · Chicago, ILFull record →
7+ funded Bonchon in Illinois deals
Real SBA 7(a) acquisitions from public records — see who got funded, for how much, and by which lender. Tap any deal for the full record.
- Skokie BC Inc. in Skokie, IL — $1.0M (2026) · purchase · Byline Bank
- Program
- Preferred Lenders Program
- Rate at approval
- 9.5% variable
- Term
- 120 mo (10 yrs)
- SBA guaranteed
- $754K (75%)
- Approved
- 1/29/2026
- Loan status
- Committed
- Loan type
- Term loan
- Collateral
- Required
- Business type
- Corporation
- Jobs supported
- 14
- Business age
- Change of Ownership
- Industry
- Limited-Service Restaurants
If you were the buyer here
- Est. deal size
- $1.1M
- Est. down payment (10%)
- $112K
- Est. cash at closing
- $153K
- Monthly payment
- $13,004
- Annual debt service
- $156K
- Cash flow needed (1.25×)
- $195K
Estimates only — not guaranteed accurate. The loan amount, rate,and term come from the public record; the rest assumes the standard 10% buyer injection plus typical guaranty and closing costs. The actual deal's terms and costs likely differed.
Funded by Byline Bank · Lender record →
Your business? Claim this record · Request removal
- HUMSPICE INC. in Melrose Park, IL — $1.5M (2025) · Byline Bank
- Program
- Preferred Lenders Program
- Rate at approval
- 10.5% variable
- Term
- 124 months
- SBA guaranteed
- $1.1M (75%)
- Approved
- 12/23/2024
- Loan status
- Cancelled
- Loan type
- Term loan
- Collateral
- Required
- Business type
- Corporation
- Jobs supported
- 21
- Business age
- Startup, Loan Funds will Open Business
- Industry
- Limited-Service Restaurants
Funded by Byline Bank · Lender record →
Your business? Claim this record · Request removal
- HUMSPICE INC. in Melrose Park, IL — $100K (2025) · Byline Bank
- Program
- SBA Express Program
- Subprogram
- FA$TRK (Small Loan Express)
- Rate at approval
- 10.5% variable
- Term
- 120 mo (10 yrs)
- SBA guaranteed
- $50K (50%)
- Approved
- 12/23/2024
- Loan status
- Cancelled
- Loan type
- Term loan
- Collateral
- Required
- Business type
- Corporation
- Jobs supported
- 21
- Business age
- Startup, Loan Funds will Open Business
- Industry
- Limited-Service Restaurants
Funded by Byline Bank · Lender record →
Your business? Claim this record · Request removal
- HUMSPICE INC. in Chicago, IL — $1.8M (2024) · Byline Bank
- Program
- Preferred Lenders Program
- Rate at approval
- 11.25% variable
- Term
- 120 mo (10 yrs)
- SBA guaranteed
- $1.3M (75%)
- Approved
- 9/27/2024
- Loan status
- Cancelled
- Loan type
- Term loan
- Collateral
- Required
- Business type
- Corporation
- Jobs supported
- 11
- Business age
- New Business or 2 years or less
- Industry
- Limited-Service Restaurants
Funded by Byline Bank · Lender record →
Your business? Claim this record · Request removal
- BC Skokie Inc. in Skokie, IL — $694K (2022) · Byline Bank
- Program
- Preferred Lenders Program
- Rate at approval
- 6% variable
- Term
- 120 mo (10 yrs)
- SBA guaranteed
- $521K (75%)
- Approval → funding
- 4 days
- Approved
- 1/27/2022
- First disbursed
- 1/31/2022
- Loan status
- Delinquent
- Loan type
- Term loan
- Collateral
- Required
- Business type
- Corporation
- Secondary market
- Loan sold to investors
- Jobs supported
- 7
- Business age
- Startup, Loan Funds will Open Business
- Industry
- Limited-Service Restaurants
Funded by Byline Bank · Lender record →
Your business? Claim this record · Request removal
- BC Schaumburg Inc. in Schaumburg, IL — $285K (2021) · Byline Bank
- Program
- Preferred Lenders Program
- Rate at approval
- 6% variable
- Term
- 120 mo (10 yrs)
- SBA guaranteed
- $214K (75%)
- Approval → funding
- 85 days
- Approved
- 11/25/2020
- First disbursed
- 2/18/2021
- Loan status
- Paid in full (9/30/2024)
- Loan type
- Term loan
- Collateral
- Required
- Business type
- Corporation
- Secondary market
- Loan sold to investors
- Jobs supported
- 5
- Business age
- New Business or 2 years or less
- Industry
- Full-Service Restaurants
Funded by Byline Bank · Lender record →
Your business? Claim this record · Request removal
- I.A.E Enterprise Inc in Glenview, IL — $930K (2020) · purchase · Byline Bank
- Program
- 7a General
- Rate at approval
- 7.5% variable
- Term
- 70 months
- SBA guaranteed
- $698K (75%)
- Approval → funding
- 36 days
- Approved
- 3/25/2020
- First disbursed
- 4/30/2020
- Loan status
- In workout — SBA bought the guarantee
- Loan type
- Term loan
- Collateral
- Required
- Business type
- Corporation
- Secondary market
- Loan sold to investors
- Jobs supported
- 11
- Business age
- Change of Ownership
- Industry
- Limited-Service Restaurants
If you were the buyer here
- Est. deal size
- $1.0M
- Est. down payment (10%)
- $103K
- Est. cash at closing
- $142K
- Monthly payment
- $16,444
- Annual debt service
- $197K
- Cash flow needed (1.25×)
- $247K
Estimates only — not guaranteed accurate. The loan amount, rate,and term come from the public record; the rest assumes the standard 10% buyer injection plus typical guaranty and closing costs. The actual deal's terms and costs likely differed.
Funded by Byline Bank · Lender record →
Your business? Claim this record · Request removal
Buying a Bonchon in Illinois? Start with a lender that funds them here
We'll point you to the SBA lenders already financing this brand in your state — and help you make them compete on rate and speed.
Free · No documents · Usually same-day
DealRoom analysis of public SBA 7(a) lending records; ranked by funded Bonchon loans with a Illinois project address. Mega-bank call-center lenders excluded.
Agent summary
How to finance a Bonchon purchase in Illinois with an SBA 7(a) loan: the lenders that fund the brand here (from public records), with the real funded Illinois deals. Byline Bank funds the most here. DealRoom is not a lender.
- $762K typical Bonchon loan
- 1 lenders active in Illinois
- 7+ funded Illinois deals
- 36 days typical to fund
Buyers buying a Bonchon in Illinois typically pre-qualify, then ask DealRoom to introduce a lender already funding the brand here — free for buyers; agents submit a consented lead via the DealRoom MCP.
- 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.