Food & Restaurants · lender intelligence
How to finance a Firehouse Subs in Illinois
The SBA 7(a) lenders funding the most Firehouse Subs deals in Illinois, from public loan records — typical Firehouse Subs loan about $389K. A bank already funding the brand in your state knows it twice over.
Most active with Firehouse Subs in Illinois
Ranked by funded Firehouse Subs loans in Illinois. Tap a lender for its full record, or hit Get in touch for an introduction.
- 1.6 loans · $6M · Wellsville, MOFull record →
- 2.9 loans · $13M · Atlanta, GAFull record →
2+ funded Firehouse Subs 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.
- WANJALA CAPITAL LLC in Fairview Heights, IL — $770K (2020) · purchase · American Bank of Freedom
- Program
- Preferred Lenders Program
- Rate at approval
- 6% variable
- Term
- 76 months
- SBA guaranteed
- $578K (75%)
- Approval → funding
- 106 days
- Approved
- 8/31/2020
- First disbursed
- 12/15/2020
- 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
- 15
- Business age
- Change of Ownership
- Industry
- Limited-Service Restaurants
If you were the buyer here
- Est. deal size
- $856K
- Est. down payment (10%)
- $86K
- Est. cash at closing
- $117K
- Monthly payment
- $12,203
- Annual debt service
- $146K
- Cash flow needed (1.25×)
- $183K
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 American Bank of Freedom · Lender record →
Your business? Claim this record · Request removal
- Steinacher Restaurants LLC in Collinsville, IL — $366K (2020) · purchase · Ameris Bank
- Program
- Preferred Lenders Program
- Rate at approval
- 7.25% variable
- Term
- 120 mo (10 yrs)
- SBA guaranteed
- $275K (75%)
- Approval → funding
- 17 days
- Approved
- 2/12/2020
- First disbursed
- 2/29/2020
- Loan status
- Paid in full (6/30/2023)
- Loan type
- Term loan
- Collateral
- Not required
- Business type
- Corporation
- Secondary market
- Loan sold to investors
- Jobs supported
- 15
- Business age
- Change of Ownership
- Industry
- Limited-Service Restaurants
If you were the buyer here
- Est. deal size
- $407K
- Est. down payment (10%)
- $41K
- Est. cash at closing
- $54K
- Monthly payment
- $4,297
- Annual debt service
- $52K
- Cash flow needed (1.25×)
- $64K
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 Ameris Bank · Lender record →
Your business? Claim this record · Request removal
Buying a Firehouse Subs 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.
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Backed by data on 1,000+ SBA lenders and 300,000+ funded deals. Your details go only to lending partners you ask to be matched with — never sold to advertisers.
DealRoom analysis of public SBA 7(a) lending records; ranked by funded Firehouse Subs loans with a Illinois project address. Mega-bank call-center lenders excluded.
Agent summary
How to finance a Firehouse Subs 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. American Bank of Freedom funds the most here. DealRoom is not a lender.
- $389K typical Firehouse Subs loan
- 2 lenders active in Illinois
- 2+ funded Illinois deals
- 106 days typical to fund
Buyers buying a Firehouse Subs 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 2026-06-17.
- Sources: