Lender intelligence
Financing a automotive transmission repair acquisition in Illinois
The SBA 7(a) lenders funding the most automotive transmission repair acquisitions in Illinois, from public loan records. A lender doing your industry in your state every week underwrites faster and prices sharper.
Most active in automotive transmission repair · Illinois
Ranked by funded automotive transmission repair acquisitions in Illinois. Tap a lender for its full record, or hit Get in touch for an introduction.
Not enough public automotive transmission repair loan history in Illinois to rank lenders yet. See automotive transmission repair lenders nationwide →
2+ funded Automotive Transmission Repair 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.
- Trans-Active, Inc. in Palatine, IL — $522K (2021) · purchase · Village Bank and Trust, National Association
- Program
- Preferred Lenders Program
- Rate at approval
- 4.5% fixed
- Term
- 300 mo (25 yrs)
- SBA guaranteed
- $470K (90%)
- Approval → funding
- 20 days
- Approved
- 4/23/2021
- First disbursed
- 5/13/2021
- Loan status
- Current
- Loan type
- Term loan
- Collateral
- Required
- Business type
- Corporation
- Jobs supported
- 4
- Business age
- Change of Ownership
- Industry
- Automotive Transmission Repair
If you were the buyer here
- Est. deal size
- $580K
- Est. down payment (10%)
- $58K
- Est. cash at closing
- $78K
- Monthly payment
- $2,901
- Annual debt service
- $35K
- Cash flow needed (1.25×)
- $44K
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 Village Bank and Trust, National Association · Lender record →
Your business? Claim this record · Request removal
- Alexandra's Gears LLC in Skokie, IL — $132K (2021) · purchase · The Huntington National Bank
- Program
- Preferred Lenders Program
- Rate at approval
- 6% variable
- Term
- 120 mo (10 yrs)
- SBA guaranteed
- $118K (90%)
- Approval → funding
- 5 days
- Approved
- 3/26/2021
- First disbursed
- 3/31/2021
- Loan status
- Current
- Loan type
- Term loan
- Collateral
- Required
- Business type
- Corporation
- Jobs supported
- 3
- Business age
- Change of Ownership
- Industry
- Automotive Transmission Repair
If you were the buyer here
- Est. deal size
- $146K
- Est. down payment (10%)
- $15K
- Est. cash at closing
- $19K
- Monthly payment
- $1,461
- Annual debt service
- $18K
- Cash flow needed (1.25×)
- $22K
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
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DealRoom analysis of public SBA 7(a) lending records; ranked by funded acquisition loans to automotive transmission repair businesses with a Illinois project address.
Agent summary
How to finance a automotive transmission repair acquisition in Illinois with an SBA 7(a) loan: the lenders that fund the most of them here (from public records), with the real funded Illinois deals. DealRoom is not a lender.
- $488K typical loan
- 2 lenders active in Illinois
- 2+ funded Illinois deals
- 20 days typical to fund
Buyers buying a automotive transmission repair in Illinois typically pre-qualify, then ask DealRoom to introduce a lender active 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: