Lender intelligence
Financing a metal service centers and other metal merchant wholesalers acquisition in Illinois
The SBA 7(a) lenders funding the most metal service centers and other metal merchant wholesalers 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 metal service centers and other metal merchant wholesalers · Illinois
Ranked by funded metal service centers and other metal merchant wholesalers acquisitions in Illinois. Tap a lender for its full record, or hit Get in touch for an introduction.
- 1.741 loans · $149M · Northbrook, ILFull record →
3+ funded Metal Service Centers and Other Metal Merchant Wholesalers 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.
- JS Metal Specialties LLC in Addison, IL — $481K (2023) · purchase · CenTrust Bank, A Division of SmartBiz Bank National Association
- Program
- 7a General
- Rate at approval
- 11% variable
- Term
- 120 mo (10 yrs)
- SBA guaranteed
- $361K (75%)
- Approval → funding
- 29 days
- Approved
- 4/6/2023
- First disbursed
- 5/5/2023
- 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
- Metal Service Centers and Other Metal Merchant Wholesalers
If you were the buyer here
- Est. deal size
- $534K
- Est. down payment (10%)
- $53K
- Est. cash at closing
- $71K
- Monthly payment
- $6,626
- Annual debt service
- $80K
- Cash flow needed (1.25×)
- $99K
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 CenTrust Bank, A Division of SmartBiz Bank National Association · Lender record →
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- Ameralloy Steel Corporation in Morton Grove, IL — $1.2M (2020) · purchase · Live Oak Banking Company
- Program
- Preferred Lenders Program
- Rate at approval
- 5.75% variable
- Term
- 120 mo (10 yrs)
- SBA guaranteed
- $908K (75%)
- Approval → funding
- 38 days
- Approved
- 4/23/2020
- First disbursed
- 5/31/2020
- Loan status
- Current
- Loan type
- Term loan
- Collateral
- Required
- Business type
- Corporation
- Secondary market
- Loan sold to investors
- Jobs supported
- 11
- Business age
- Change of Ownership
- Industry
- Metal Service Centers and Other Metal Merchant Wholesalers
If you were the buyer here
- Est. deal size
- $1.3M
- Est. down payment (10%)
- $134K
- Est. cash at closing
- $184K
- Monthly payment
- $13,282
- Annual debt service
- $159K
- Cash flow needed (1.25×)
- $199K
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 Live Oak Banking Company · Lender record →
Your business? Claim this record · Request removal
- Ameralloy Steel Corporation in Morton Grove, IL — $500K (2020) · purchase · Live Oak Banking Company
- Program
- SBA Express Program
- Subprogram
- FA$TRK (Small Loan Express)
- Rate at approval
- 5.5% variable
- Term
- 120 mo (10 yrs)
- SBA guaranteed
- $250K (50%)
- Approval → funding
- 17 days
- Approved
- 5/14/2020
- First disbursed
- 5/31/2020
- Loan status
- Current
- Loan type
- Revolving line
- Collateral
- Required
- Business type
- Corporation
- Jobs supported
- 11
- Business age
- Change of Ownership
- Industry
- Metal Service Centers and Other Metal Merchant Wholesalers
If you were the buyer here
- Est. deal size
- $556K
- Est. down payment (10%)
- $56K
- Est. cash at closing
- $74K
- Monthly payment
- $5,426
- Annual debt service
- $65K
- Cash flow needed (1.25×)
- $81K
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 Live Oak Banking Company · Lender record →
Your business? Claim this record · Request removal
Financing a metal service centers and other metal merchant wholesalers deal in Illinois? Start with the right lender
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DealRoom analysis of public SBA 7(a) lending records; ranked by funded acquisition loans to metal service centers and other metal merchant wholesalers businesses with a Illinois project address.
Agent summary
How to finance a metal service centers and other metal merchant wholesalers 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. CenTrust Bank, A Division of SmartBiz Bank National Association funds the most here. DealRoom is not a lender.
- $1.1M typical loan
- 2 lenders active in Illinois
- 3+ funded Illinois deals
- 29 days typical to fund
Buyers buying a metal service centers and other metal merchant wholesalers 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.
Next steps
- Data freshness: