Food & Restaurants · lender intelligence
How to finance a Schlotzsky's in Illinois
The SBA 7(a) lenders funding the most Schlotzsky's deals in Illinois, from public loan records — typical Schlotzsky's loan about $453K. A bank already funding the brand in your state knows it twice over.
Most active with Schlotzsky's in Illinois
Ranked by funded Schlotzsky's loans in Illinois. Tap a lender for its full record, or hit Get in touch for an introduction.
- 1.741 loans · $149M · Northbrook, ILFull record →
- 2.2,539 loans · $965M · Columbus, OHFull record →
2+ funded Schlotzsky'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.
- Vedasrikanth LLC in Naperville, IL — $2.3M (2024) · CenTrust Bank, A Division of SmartBiz Bank National Association
- Program
- Preferred Lenders Program
- Rate at approval
- 8.5% variable
- Term
- 300 mo (25 yrs)
- SBA guaranteed
- $1.8M (75%)
- Approval → funding
- 11 days
- Approved
- 6/29/2024
- First disbursed
- 7/10/2024
- Loan status
- Current
- 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 CenTrust Bank, A Division of SmartBiz Bank National Association · Lender record →
Your business? Claim this record · Request removal
- Vedasrikanth LLC in Naperville, IL — $2.4M (2021) · The Huntington National Bank
- Program
- Preferred Lenders Program
- Rate at approval
- 2.5% variable
- Term
- 306 months
- SBA guaranteed
- $2.2M (90%)
- Approval → funding
- 66 days
- Approved
- 7/30/2021
- First disbursed
- 10/4/2021
- Loan status
- Paid in full (7/31/2024)
- Loan type
- Term loan
- Collateral
- Required
- Business type
- Corporation
- Secondary market
- Loan sold to investors
- Jobs supported
- 80
- Business age
- Startup, Loan Funds will Open Business
- Industry
- Limited-Service Restaurants
Funded by The Huntington National Bank · Lender record →
Your business? Claim this record · Request removal
Buying a Schlotzsky'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 Schlotzsky's loans with a Illinois project address. Mega-bank call-center lenders excluded.
Agent summary
How to finance a Schlotzsky'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. CenTrust Bank, A Division of SmartBiz Bank National Association funds the most here. DealRoom is not a lender.
- $453K typical Schlotzsky's loan
- 2 lenders active in Illinois
- 2+ funded Illinois deals
- 66 days typical to fund
Buyers buying a Schlotzsky'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: