Food & Restaurants · lender intelligence
How to finance a Culver's ButterBurgers & Frozen Custard in Illinois
The SBA 7(a) lenders funding the most Culver's ButterBurgers & Frozen Custard deals in Illinois, from public loan records — typical Culver's ButterBurgers & Frozen Custard loan about $500K. A bank already funding the brand in your state knows it twice over.
Most active with Culver's ButterBurgers & Frozen Custard in Illinois
Ranked by funded Culver's ButterBurgers & Frozen Custard loans in Illinois. Tap a lender for its full record, or hit Get in touch for an introduction.
- 1.72 loans · $30M · Oconomowoc, WIFull record →
- 2.2,539 loans · $965M · Columbus, OHFull record →
- 3.62 loans · $21M · Saint Cloud, MNFull record →
8+ funded Culver's ButterBurgers & Frozen Custard 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.
- SEKN, INC. in Lincoln, IL — $1.3M (2025) · purchase · The Huntington National Bank
- Program
- Preferred Lenders Program
- Rate at approval
- 10% variable
- Term
- 120 mo (10 yrs)
- SBA guaranteed
- $941K (75%)
- Approval → funding
- 41 days
- Approved
- 2/26/2025
- First disbursed
- 4/8/2025
- Loan status
- Current
- Loan type
- Term loan
- Collateral
- Required
- Business type
- Corporation
- Jobs supported
- 42
- Business age
- Change of Ownership
- Industry
- Full-Service Restaurants
If you were the buyer here
- Est. deal size
- $1.4M
- Est. down payment (10%)
- $139K
- Est. cash at closing
- $191K
- Monthly payment
- $16,572
- Annual debt service
- $199K
- Cash flow needed (1.25×)
- $249K
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 The Huntington National Bank · Lender record →
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- SEKN, Inc in Lincoln, IL — $25K (2025) · purchase · The Huntington National Bank
- Program
- SBA Express Program
- Subprogram
- FA$TRK (Small Loan Express)
- Rate at approval
- 10% variable
- Term
- 120 mo (10 yrs)
- SBA guaranteed
- $13K (50%)
- Approved
- 2/26/2025
- Loan status
- Committed
- Loan type
- Revolving line
- Collateral
- Required
- Business type
- Corporation
- Jobs supported
- 42
- Business age
- Change of Ownership
- Industry
- Full-Service Restaurants
If you were the buyer here
- Est. deal size
- $28K
- Est. down payment (10%)
- $3K
- Est. cash at closing
- $4K
- Monthly payment
- $330
- Annual debt service
- $4K
- Cash flow needed (1.25×)
- $5K
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 The Huntington National Bank · Lender record →
Your business? Claim this record · Request removal
- Commitrust, LLC in Mount Prospect, IL — $180K (2023) · JPMorgan Chase Bank, National Association
- Program
- Preferred Lenders Program
- Rate at approval
- 8.59% fixed
- Term
- 120 mo (10 yrs)
- SBA guaranteed
- $135K (75%)
- Approval → funding
- 8 days
- Approved
- 7/24/2023
- First disbursed
- 8/1/2023
- Loan status
- Current
- Loan type
- Term loan
- Collateral
- Required
- Business type
- Corporation
- Jobs supported
- 4
- Business age
- Existing or more than 2 years old
- Industry
- Limited-Service Restaurants
Funded by JPMorgan Chase Bank, National Association · Lender record →
Your business? Claim this record · Request removal
- CULVER'S OF ZION in Zion, IL — $335K (2022) · purchase · Bank Five Nine
- Program
- Preferred Lenders Program
- Rate at approval
- 7.5% variable
- Term
- 120 mo (10 yrs)
- SBA guaranteed
- $251K (75%)
- Approval → funding
- 21 days
- Approved
- 9/14/2022
- First disbursed
- 10/5/2022
- Loan status
- Paid in full (10/31/2023)
- Loan type
- Term loan
- Collateral
- Required
- Business type
- Corporation
- Secondary market
- Loan sold to investors
- Jobs supported
- 40
- Business age
- Change of Ownership
- Industry
- Limited-Service Restaurants
If you were the buyer here
- Est. deal size
- $372K
- Est. down payment (10%)
- $37K
- Est. cash at closing
- $50K
- Monthly payment
- $3,977
- Annual debt service
- $48K
- Cash flow needed (1.25×)
- $60K
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 Bank Five Nine · Lender record →
Your business? Claim this record · Request removal
- Culvlp, LLC in Chicago, IL — $170K (2022) · Bank Five Nine
- Program
- Preferred Lenders Program
- Rate at approval
- 5% variable
- Term
- 120 mo (10 yrs)
- SBA guaranteed
- $128K (75%)
- Approval → funding
- 27 days
- Approved
- 5/10/2022
- First disbursed
- 6/6/2022
- Loan status
- Paid in full (2/29/2024)
- Loan type
- Term loan
- Collateral
- Required
- Business type
- Corporation
- Secondary market
- Loan sold to investors
- Jobs supported
- 47
- Business age
- Startup, Loan Funds will Open Business
- Industry
- Limited-Service Restaurants
Funded by Bank Five Nine · Lender record →
Your business? Claim this record · Request removal
- Culver’s of Gurnee in Gurnee, IL — $2.7M (2021) · Bank Five Nine
- Program
- Preferred Lenders Program
- Rate at approval
- 4.25% variable
- Term
- 240 mo (20 yrs)
- SBA guaranteed
- $2.0M (75%)
- Approval → funding
- 80 days
- Approved
- 12/10/2020
- First disbursed
- 2/28/2021
- Loan status
- Paid in full (4/30/2023)
- Loan type
- Term loan
- Collateral
- Required
- Business type
- Corporation
- Secondary market
- Loan sold to investors
- Business age
- Existing or more than 2 years old
- Industry
- Limited-Service Restaurants
Funded by Bank Five Nine · Lender record →
Your business? Claim this record · Request removal
- Culvlp, LLC in Chicago, IL — $130K (2021) · Bank Five Nine
- Program
- Preferred Lenders Program
- Rate at approval
- 4.75% variable
- Term
- 120 mo (10 yrs)
- SBA guaranteed
- $117K (90%)
- Approval → funding
- 22 days
- Approved
- 8/9/2021
- First disbursed
- 8/31/2021
- Loan status
- Paid in full (6/30/2024)
- Loan type
- Term loan
- Collateral
- Not required
- Business type
- Corporation
- Secondary market
- Loan sold to investors
- Jobs supported
- 47
- Business age
- Startup, Loan Funds will Open Business
- Industry
- Limited-Service Restaurants
Funded by Bank Five Nine · Lender record →
Your business? Claim this record · Request removal
- JRCC INVESTMENTS, LLC in Schaumburg, IL — $300K (2020) · Stearns Bank National Association
- Program
- Preferred Lenders Program
- Rate at approval
- 7.75% variable
- Term
- 123 months
- SBA guaranteed
- $225K (75%)
- Approval → funding
- 31 days
- Approved
- 10/30/2019
- First disbursed
- 11/30/2019
- Loan status
- Paid in full (11/30/2025)
- Loan type
- Term loan
- Collateral
- Required
- Business type
- Corporation
- Secondary market
- Loan sold to investors
- Jobs supported
- 32
- Business age
- Existing or more than 2 years old
- Industry
- Limited-Service Restaurants
Funded by Stearns Bank National Association · Lender record →
Your business? Claim this record · Request removal
Buying a Culver's ButterBurgers & Frozen Custard in Illinois? Start with a lender that funds them here
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DealRoom analysis of public SBA 7(a) lending records; ranked by funded Culver's ButterBurgers & Frozen Custard loans with a Illinois project address. Mega-bank call-center lenders excluded.
Agent summary
How to finance a Culver's ButterBurgers & Frozen Custard 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. Bank Five Nine funds the most here. DealRoom is not a lender.
- $500K typical Culver's ButterBurgers & Frozen Custard loan
- 4 lenders active in Illinois
- 8+ funded Illinois deals
- 27 days typical to fund
Buyers buying a Culver's ButterBurgers & Frozen Custard 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.
Next steps
- Data freshness:
- SBA records through 2026-05-31; FDIC through 2026-03-31; page updated 2026-06-17.