Lender intelligence
Financing a other communications equipment manufacturing acquisition in Illinois
The SBA 7(a) lenders funding the most other communications equipment manufacturing 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 other communications equipment manufacturing · Illinois
Ranked by funded other communications equipment manufacturing acquisitions in Illinois. Tap a lender for its full record, or hit Get in touch for an introduction.
- 1.5 loans · $3M · Schaumburg, ILFull record →
2+ funded Other Communications Equipment Manufacturing 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.
- Olympic Controls Corp. in Elgin, IL — $3.5M (2023) · purchase · Schaumburg Bank & Trust Company, National Association
- Program
- Preferred Lenders Program
- Rate at approval
- 7.5% fixed
- Term
- 120 mo (10 yrs)
- SBA guaranteed
- $2.6M (75%)
- Approval → funding
- 17 days
- Approved
- 2/17/2023
- First disbursed
- 3/6/2023
- Loan status
- Current
- Loan type
- Term loan
- Collateral
- Required
- Business type
- Corporation
- Jobs supported
- 40
- Business age
- Change of Ownership
- Industry
- Other Communications Equipment Manufacturing
If you were the buyer here
- Est. deal size
- $3.9M
- Est. down payment (10%)
- $389K
- Est. cash at closing
- $537K
- Monthly payment
- $41,546
- Annual debt service
- $499K
- Cash flow needed (1.25×)
- $623K
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 Schaumburg Bank & Trust Company, National Association · Lender record →
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- MFXG, Inc. in Batavia, IL — $1.6M (2020) · purchase · CenTrust Bank, A Division of SmartBiz Bank National Association
- Program
- 7a General
- Rate at approval
- 6% variable
- Term
- 120 mo (10 yrs)
- SBA guaranteed
- $1.2M (75%)
- Approval → funding
- 29 days
- Approved
- 9/1/2020
- First disbursed
- 9/30/2020
- Loan status
- Current
- Loan type
- Term loan
- Collateral
- Required
- Business type
- Corporation
- Secondary market
- Loan sold to investors
- Jobs supported
- 36
- Business age
- Change of Ownership
- Industry
- Other Communications Equipment Manufacturing
If you were the buyer here
- Est. deal size
- $1.8M
- Est. down payment (10%)
- $180K
- Est. cash at closing
- $247K
- Monthly payment
- $17,941
- Annual debt service
- $215K
- Cash flow needed (1.25×)
- $269K
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 →
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 other communications equipment manufacturing businesses with a Illinois project address.
Agent summary
How to finance a other communications equipment manufacturing 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. Schaumburg Bank & Trust Company, National Association funds the most here. DealRoom is not a lender.
- $1.4M typical loan
- 2 lenders active in Illinois
- 2+ funded Illinois deals
- 29 days typical to fund
Buyers buying a other communications equipment manufacturing 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:
- SBA records through 2026-05-31; FDIC through 2026-03-31; page updated 2026-06-16.