Food & Restaurants · lender intelligence
How to finance a Jimmy John's in Illinois
The SBA 7(a) lenders funding the most Jimmy John's deals in Illinois, from public loan records — typical Jimmy John's loan about $520K. A bank already funding the brand in your state knows it twice over.
Most active with Jimmy John's in Illinois
Ranked by funded Jimmy John's loans in Illinois. Tap a lender for its full record, or hit Get in touch for an introduction.
- 1.2,539 loans · $965M · Columbus, OHFull record →
- 2.20 loans · $14M · Arlington Heights, ILFull record →
- 3.28 loans · $42M · Lehi, UTFull record →
- 4.1,296 loans · $1.4B · Wilmington, NCFull record →
7+ funded Jimmy John's 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.
- JacksSubs, Inc. in Wheeling, IL — $3.2M (2025) · Live Oak Banking Company
- Program
- Preferred Lenders Program
- Rate at approval
- 7.9% variable
- Term
- 120 mo (10 yrs)
- SBA guaranteed
- $2.4M (75%)
- Approved
- 9/29/2025
- Loan status
- Cancelled
- Loan type
- Term loan
- Collateral
- Required
- Business type
- Corporation
- Jobs supported
- 20
- Business age
- Existing or more than 2 years old
- Industry
- Limited-Service Restaurants
Funded by Live Oak Banking Company · Lender record →
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- WHEEL1629, LLC in Wheeling, IL — $1.1M (2021) · purchase · The Huntington National Bank
- Program
- Preferred Lenders Program
- Rate at approval
- 5.75% variable
- Term
- 120 mo (10 yrs)
- SBA guaranteed
- $960K (90%)
- Approval → funding
- 2 days
- Approved
- 4/5/2021
- First disbursed
- 4/7/2021
- Loan status
- Paid in full (2/29/2024)
- Loan type
- Term loan
- Collateral
- Required
- Business type
- Corporation
- Jobs supported
- 35
- Business age
- Change of Ownership
- Industry
- Full-Service Restaurants
If you were the buyer here
- Est. deal size
- $1.2M
- Est. down payment (10%)
- $118K
- Est. cash at closing
- $162K
- Monthly payment
- $11,706
- Annual debt service
- $140K
- Cash flow needed (1.25×)
- $176K
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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- AFS SUBS, LLC in Cicero, IL — $454K (2021) · LendingClub Bank, National Association
- Program
- Preferred Lenders Program
- Rate at approval
- 5.75% variable
- Term
- 128 months
- SBA guaranteed
- $409K (90%)
- Approval → funding
- 27 days
- Approved
- 5/4/2021
- First disbursed
- 5/31/2021
- Loan status
- Paid in full (1/31/2023)
- Loan type
- Term loan
- Collateral
- Not required
- Business type
- Corporation
- Jobs supported
- 35
- Business age
- Startup, Loan Funds will Open Business
- Industry
- Limited-Service Restaurants
Funded by LendingClub Bank, National Association · Lender record →
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- WHEEL1629, LLC in Wheeling, IL — $80K (2021) · The Huntington National Bank
- Program
- SBA Express Program
- Subprogram
- FA$TRK (Small Loan Express)
- Rate at approval
- 5.75% variable
- Term
- 120 mo (10 yrs)
- SBA guaranteed
- $60K (75%)
- Approval → funding
- 24 days
- Approved
- 4/6/2021
- First disbursed
- 4/30/2021
- Loan status
- Current
- Loan type
- Revolving line
- Collateral
- Required
- Business type
- Corporation
- Jobs supported
- 35
- Business age
- Existing or more than 2 years old
- Industry
- Full-Service Restaurants
Funded by The Huntington National Bank · Lender record →
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- JSB Coastal LLC in Rockford, IL — $2.8M (2020) · purchase · Baraboo State Bank
- Program
- 7a General
- Rate at approval
- 4.4% variable
- Term
- 120 mo (10 yrs)
- SBA guaranteed
- $2.1M (75%)
- Approval → funding
- 13 days
- Approved
- 9/17/2020
- First disbursed
- 9/30/2020
- Loan status
- Paid in full (7/31/2025)
- Loan type
- Term loan
- Collateral
- Required
- Business type
- Corporation
- Jobs supported
- 138
- Business age
- Change of Ownership
- Industry
- Limited-Service Restaurants
If you were the buyer here
- Est. deal size
- $3.1M
- Est. down payment (10%)
- $308K
- Est. cash at closing
- $424K
- Monthly payment
- $28,552
- Annual debt service
- $343K
- Cash flow needed (1.25×)
- $428K
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 Baraboo State Bank
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- Jackson Street Development, Inc in Chicago, IL — $1.3M (2020) · Village Bank and Trust, National Association
- Program
- Preferred Lenders Program
- Rate at approval
- 5.25% fixed
- Term
- 120 mo (10 yrs)
- SBA guaranteed
- $956K (75%)
- Approval → funding
- 84 days
- Approved
- 1/7/2020
- First disbursed
- 3/31/2020
- Loan status
- Paid in full (6/30/2022)
- Loan type
- Term loan
- Collateral
- Required
- Business type
- Corporation
- Jobs supported
- 65
- Business age
- Existing or more than 2 years old
- Industry
- Limited-Service Restaurants
Funded by Village Bank and Trust, National Association · Lender record →
Your business? Claim this record · Request removal
- Jackson Street Development, Inc in Chicago, IL — $100K (2020) · Village Bank and Trust, National Association
- Program
- SBA Express Program
- Subprogram
- FA$TRK (Small Loan Express)
- Rate at approval
- 5.25% variable
- Term
- 84 mo (7 yrs)
- SBA guaranteed
- $50K (50%)
- Approval → funding
- 145 days
- Approved
- 1/7/2020
- First disbursed
- 5/31/2020
- Loan status
- Paid in full (6/30/2022)
- Loan type
- Revolving line
- Collateral
- Not required
- Business type
- Corporation
- Jobs supported
- 65
- Business age
- Existing or more than 2 years old
- Industry
- Limited-Service Restaurants
Funded by Village Bank and Trust, National Association · Lender record →
Your business? Claim this record · Request removal
Buying a Jimmy John's 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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DealRoom analysis of public SBA 7(a) lending records; ranked by funded Jimmy John's loans with a Illinois project address. Mega-bank call-center lenders excluded.
Agent summary
How to finance a Jimmy John's 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. The Huntington National Bank funds the most here. DealRoom is not a lender.
- $520K typical Jimmy John's loan
- 5 lenders active in Illinois
- 7+ funded Illinois deals
- 27 days typical to fund
Buyers buying a Jimmy John's 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: