Lender intelligence
Financing a locksmiths acquisition in Illinois
The SBA 7(a) lenders funding the most locksmiths 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 locksmiths · Illinois
Ranked by funded locksmiths acquisitions in Illinois. Tap a lender for its full record, or hit Get in touch for an introduction.
Not enough public locksmiths loan history in Illinois to rank lenders yet. See locksmiths lenders nationwide →
1+ funded Locksmiths 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.
- Lock & Key Shop LLC in Galesburg, IL — $144K (2021) · purchase · CBI Bank and Trust
- Program
- 7a General
- Rate at approval
- 5.75% variable
- Term
- 120 mo (10 yrs)
- SBA guaranteed
- $122K (85%)
- Approval → funding
- 31 days
- Approved
- 12/15/2020
- First disbursed
- 1/15/2021
- Loan status
- Paid in full (3/31/2024)
- Loan type
- Term loan
- Collateral
- Required
- Business type
- Corporation
- Jobs supported
- 3
- Business age
- Change of Ownership
- Industry
- Locksmiths
If you were the buyer here
- Est. deal size
- $160K
- Est. down payment (10%)
- $16K
- Est. cash at closing
- $21K
- Monthly payment
- $1,581
- Annual debt service
- $19K
- Cash flow needed (1.25×)
- $24K
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 CBI Bank and Trust · Lender record →
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DealRoom analysis of public SBA 7(a) lending records; ranked by funded acquisition loans to locksmiths businesses with a Illinois project address.
Agent summary
How to finance a locksmiths 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.
- $402K typical loan
- 1 lenders active in Illinois
- 1+ funded Illinois deals
- 31 days typical to fund
Buyers buying a locksmiths 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 2026-06-17.
- Sources:
- Public SBA 7(a) loan records; FDIC institution data (BankFind); DealRoom lender and franchise enrichment.