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Financing a other grocery and related products merchant wholesalers acquisition in Illinois
The SBA 7(a) lenders funding the most other grocery and related products 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 other grocery and related products merchant wholesalers · Illinois
Ranked by funded other grocery and related products merchant wholesalers acquisitions in Illinois. Tap a lender for its full record, or hit Get in touch for an introduction.
- 1.2,539 loans · $965M · Columbus, OHFull record →
5+ funded Other Grocery and Related Products 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.
- HONEYBLISS TEA LLC in Elmhurst, IL — $363K (2025) · purchase · The Huntington National Bank
- Program
- Preferred Lenders Program
- Rate at approval
- 10.25% variable
- Term
- 120 mo (10 yrs)
- SBA guaranteed
- $272K (75%)
- Approval → funding
- 18 days
- Approved
- 4/3/2025
- First disbursed
- 4/21/2025
- Loan status
- Current
- Loan type
- Term loan
- Collateral
- Required
- Business type
- Corporation
- Jobs supported
- 3
- Business age
- Change of Ownership
- Industry
- Other Grocery and Related Products Merchant Wholesalers
If you were the buyer here
- Est. deal size
- $404K
- Est. down payment (10%)
- $40K
- Est. cash at closing
- $54K
- Monthly payment
- $4,850
- Annual debt service
- $58K
- Cash flow needed (1.25×)
- $73K
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 →
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- HONEYBLISS TEA LLC in Elmhurst, IL — $50K (2025) · purchase · The Huntington National Bank
- Program
- SBA Express Program
- Subprogram
- FA$TRK (Small Loan Express)
- Rate at approval
- 10.25% variable
- Term
- 120 mo (10 yrs)
- SBA guaranteed
- $25K (50%)
- Approval → funding
- 126 days
- Approved
- 4/3/2025
- First disbursed
- 8/7/2025
- Loan status
- Current
- Loan type
- Revolving line
- Collateral
- Required
- Business type
- Corporation
- Jobs supported
- 3
- Business age
- Change of Ownership
- Industry
- Other Grocery and Related Products Merchant Wholesalers
If you were the buyer here
- Est. deal size
- $56K
- Est. down payment (10%)
- $6K
- Est. cash at closing
- $7K
- Monthly payment
- $668
- Annual debt service
- $8K
- Cash flow needed (1.25×)
- $10K
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
- Nirav Express 2, Inc. in Chicago, IL — $1.6M (2022) · purchase · Live Oak Banking Company
- Program
- Preferred Lenders Program
- Rate at approval
- 4.99% variable
- Term
- 300 mo (25 yrs)
- SBA guaranteed
- $1.2M (75%)
- Approval → funding
- 21 days
- Approved
- 12/16/2021
- First disbursed
- 1/6/2022
- Loan status
- In liquidation
- Loan type
- Term loan
- Collateral
- Required
- Business type
- Corporation
- Secondary market
- Loan sold to investors
- Jobs supported
- 24
- Business age
- Change of Ownership
- Industry
- Other Grocery and Related Products Merchant Wholesalers
If you were the buyer here
- Est. deal size
- $1.7M
- Est. down payment (10%)
- $172K
- Est. cash at closing
- $237K
- Monthly payment
- $9,052
- Annual debt service
- $109K
- Cash flow needed (1.25×)
- $136K
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
- Nirav Express 2, Inc. in Chicago, IL — $150K (2022) · purchase · Live Oak Banking Company
- Program
- SBA Express Program
- Subprogram
- FA$TRK (Small Loan Express)
- Rate at approval
- 5% variable
- Term
- 120 mo (10 yrs)
- SBA guaranteed
- $75K (50%)
- Approval → funding
- 21 days
- Approved
- 12/16/2021
- First disbursed
- 1/6/2022
- Loan status
- In liquidation
- Loan type
- Revolving line
- Collateral
- Required
- Business type
- Corporation
- Jobs supported
- 24
- Business age
- Change of Ownership
- Industry
- Other Grocery and Related Products Merchant Wholesalers
If you were the buyer here
- Est. deal size
- $167K
- Est. down payment (10%)
- $17K
- Est. cash at closing
- $21K
- Monthly payment
- $1,591
- 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 Live Oak Banking Company · Lender record →
Your business? Claim this record · Request removal
- King's Food Products, Inc. in Belleville, IL — $2.3M (2021) · purchase · Bank of Belleville
- Program
- Preferred Lenders Program
- Rate at approval
- 4.75% variable
- Term
- 120 mo (10 yrs)
- SBA guaranteed
- $2.1M (90%)
- Approval → funding
- 31 days
- Approved
- 8/30/2021
- First disbursed
- 9/30/2021
- Loan status
- Paid in full (10/31/2025)
- Loan type
- Term loan
- Collateral
- Required
- Business type
- Corporation
- Secondary market
- Loan sold to investors
- Jobs supported
- 38
- Business age
- Change of Ownership
- Industry
- Other Grocery and Related Products Merchant Wholesalers
If you were the buyer here
- Est. deal size
- $2.6M
- Est. down payment (10%)
- $255K
- Est. cash at closing
- $352K
- Monthly payment
- $24,086
- Annual debt service
- $289K
- Cash flow needed (1.25×)
- $361K
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 Bank of Belleville · 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 grocery and related products merchant wholesalers businesses with a Illinois project address.
Agent summary
How to finance a other grocery and related products 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. The Huntington National Bank funds the most here. DealRoom is not a lender.
- $616K typical loan
- 3 lenders active in Illinois
- 5+ funded Illinois deals
- 21 days typical to fund
Buyers buying a other grocery and related products 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:
- SBA records through 2026-05-31; FDIC through 2026-03-31; page updated 2026-06-17.