Lender intelligence
Financing a convenience retailers acquisition in Illinois
The SBA 7(a) lenders funding the most convenience retailers 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 convenience retailers · Illinois
Ranked by funded convenience retailers acquisitions in Illinois. Tap a lender for its full record, or hit Get in touch for an introduction.
- 1.15 loans · $15M · Houston, MOFull record →
- 2.1,025 loans · $292M · Berkeley Heights, NJFull record →
- 3.1 loans · $0M · Ooltewah, TNFull record →
- 4.138 loans · $276M · Sioux Falls, SDFull record →
7+ funded Convenience Retailers 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.
- Alory LLC in Chicago Heights, IL — $942K (2025) · purchase · Readycap Lending, LLC
- Program
- Preferred Lenders Program
- Rate at approval
- 10.5% variable
- Term
- 120 mo (10 yrs)
- SBA guaranteed
- $707K (75%)
- Approval → funding
- 59 days
- Approved
- 12/31/2024
- First disbursed
- 2/28/2025
- Loan status
- Current
- Loan type
- Term loan
- Collateral
- Required
- Business type
- Corporation
- Secondary market
- Loan sold to investors
- Jobs supported
- 33
- Business age
- Change of Ownership
- Industry
- Convenience Retailers
If you were the buyer here
- Est. deal size
- $1.0M
- Est. down payment (10%)
- $105K
- Est. cash at closing
- $144K
- Monthly payment
- $12,711
- Annual debt service
- $153K
- Cash flow needed (1.25×)
- $191K
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 Readycap Lending, LLC · Lender record →
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- HIM Properties LLC in East Saint Louis, IL — $1.3M (2024) · purchase · The Bank of Houston
- Program
- 7a General
- Rate at approval
- 11% variable
- Term
- 300 mo (25 yrs)
- SBA guaranteed
- $956K (75%)
- Approved
- 5/31/2024
- Loan status
- Cancelled
- Loan type
- Term loan
- Collateral
- Required
- Business type
- Corporation
- Jobs supported
- 8
- Business age
- Change of Ownership
- Industry
- Convenience Retailers
If you were the buyer here
- Est. deal size
- $1.4M
- Est. down payment (10%)
- $142K
- Est. cash at closing
- $194K
- Monthly payment
- $12,496
- Annual debt service
- $150K
- Cash flow needed (1.25×)
- $187K
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 Bank of Houston · Lender record →
Your business? Claim this record · Request removal
- Mr & Singh LLC in Belleville, IL — $410K (2024) · purchase · The Bank of Houston
- Program
- 7a General
- Rate at approval
- 11.25% variable
- Term
- 156 mo (13 yrs)
- SBA guaranteed
- $308K (75%)
- Approval → funding
- 99 days
- Approved
- 4/16/2024
- First disbursed
- 7/24/2024
- Loan status
- Current
- Loan type
- Term loan
- Collateral
- Required
- Business type
- Corporation
- Secondary market
- Loan sold to investors
- Jobs supported
- 6
- Business age
- Change of Ownership
- Industry
- Convenience Retailers
If you were the buyer here
- Est. deal size
- $456K
- Est. down payment (10%)
- $46K
- Est. cash at closing
- $61K
- Monthly payment
- $5,013
- Annual debt service
- $60K
- Cash flow needed (1.25×)
- $75K
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 Bank of Houston · Lender record →
Your business? Claim this record · Request removal
- 343 Food & Liquor Inc in Decatur, IL — $317K (2024) · purchase · Millennium Bank
- Program
- 7a General
- Rate at approval
- 10.25% variable
- Term
- 120 mo (10 yrs)
- SBA guaranteed
- $238K (75%)
- Approval → funding
- 33 days
- Approved
- 2/29/2024
- First disbursed
- 4/2/2024
- Loan status
- Current
- Loan type
- Term loan
- Collateral
- Required
- Business type
- Corporation
- Secondary market
- Loan sold to investors
- Jobs supported
- 6
- Business age
- Change of Ownership
- Industry
- Convenience Retailers
If you were the buyer here
- Est. deal size
- $352K
- Est. down payment (10%)
- $35K
- Est. cash at closing
- $47K
- Monthly payment
- $4,233
- Annual debt service
- $51K
- Cash flow needed (1.25×)
- $63K
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 Millennium Bank · Lender record →
Your business? Claim this record · Request removal
- Pandey LLC in Cahokia, IL — $1.7M (2023) · purchase · The Bank of Houston
- Program
- 7a General
- Rate at approval
- 10.75% variable
- Term
- 180 mo (15 yrs)
- SBA guaranteed
- $1.3M (75%)
- Approval → funding
- 23 days
- Approved
- 4/10/2023
- First disbursed
- 5/3/2023
- Loan status
- Current
- Loan type
- Term loan
- Collateral
- Required
- Business type
- Corporation
- Secondary market
- Loan sold to investors
- Jobs supported
- 5
- Business age
- Change of Ownership
- Industry
- Convenience Retailers
If you were the buyer here
- Est. deal size
- $1.9M
- Est. down payment (10%)
- $189K
- Est. cash at closing
- $260K
- Monthly payment
- $19,056
- Annual debt service
- $229K
- Cash flow needed (1.25×)
- $286K
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 Bank of Houston · Lender record →
Your business? Claim this record · Request removal
- MICCISTONY7336 LLC in Chicago, IL — $1.4M (2023) · purchase · Pathward National Association
- Program
- Preferred Lenders Program
- Rate at approval
- 11.25% variable
- Term
- 120 mo (10 yrs)
- SBA guaranteed
- $1.0M (75%)
- Approval → funding
- 41 days
- Approved
- 9/9/2023
- First disbursed
- 10/20/2023
- Loan status
- Delinquent
- Loan type
- Term loan
- Collateral
- Required
- Business type
- Corporation
- Secondary market
- Loan sold to investors
- Jobs supported
- 10
- Business age
- Change of Ownership
- Industry
- Convenience Retailers
If you were the buyer here
- Est. deal size
- $1.5M
- Est. down payment (10%)
- $153K
- Est. cash at closing
- $209K
- Monthly payment
- $19,113
- Annual debt service
- $229K
- Cash flow needed (1.25×)
- $287K
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 Pathward National Association · Lender record →
Your business? Claim this record · Request removal
- Him Properties LLC in East Saint Louis, IL — $1.3M (2023) · purchase · The Bank of Houston
- Program
- 7a General
- Rate at approval
- 10.75% variable
- Term
- 300 mo (25 yrs)
- SBA guaranteed
- $958K (75%)
- Approved
- 6/13/2023
- Loan status
- Cancelled
- Loan type
- Term loan
- Collateral
- Required
- Business type
- Corporation
- Jobs supported
- 8
- Business age
- Change of Ownership
- Industry
- Convenience Retailers
If you were the buyer here
- Est. deal size
- $1.4M
- Est. down payment (10%)
- $142K
- Est. cash at closing
- $195K
- Monthly payment
- $12,286
- Annual debt service
- $147K
- Cash flow needed (1.25×)
- $184K
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 Bank of Houston · 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 convenience retailers businesses with a Illinois project address.
Agent summary
How to finance a convenience retailers 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. The Bank of Houston funds the most here. DealRoom is not a lender.
- $530K typical loan
- 4 lenders active in Illinois
- 7+ funded Illinois deals
- 41 days typical to fund
Buyers buying a convenience retailers 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: