Lender intelligence
Financing a residential remodelers acquisition in Illinois
The SBA 7(a) lenders funding the most residential remodelers 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 residential remodelers · Illinois
Ranked by funded residential remodelers acquisitions in Illinois. Tap a lender for its full record, or hit Get in touch for an introduction.
- 1.4 loans · $1M · Stonewall, OKFull record →
4+ funded Residential Remodelers 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.
- Passarelli Builders LLC in Crystal Lake, IL — $413K (2025) · purchase · First American Bank
- Program
- Preferred Lenders Program
- Rate at approval
- 7.52% variable
- Term
- 120 mo (10 yrs)
- SBA guaranteed
- $309K (75%)
- Approval → funding
- 22 days
- Approved
- 9/30/2025
- First disbursed
- 10/22/2025
- Loan status
- Current
- Loan type
- Term loan
- Collateral
- Required
- Business type
- Corporation
- Jobs supported
- 8
- Business age
- Change of Ownership
- Industry
- Residential Remodelers
If you were the buyer here
- Est. deal size
- $458K
- Est. down payment (10%)
- $46K
- Est. cash at closing
- $61K
- Monthly payment
- $4,901
- Annual debt service
- $59K
- Cash flow needed (1.25×)
- $74K
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 First American Bank · Lender record →
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- Passarelli Builders LLC in Crystal Lake, IL — $150K (2025) · purchase · First American Bank
- Program
- SBA Express Program
- Subprogram
- FA$TRK (Small Loan Express)
- Rate at approval
- 9% variable
- Term
- 120 mo (10 yrs)
- SBA guaranteed
- $75K (50%)
- Approval → funding
- 149 days
- Approved
- 9/29/2025
- First disbursed
- 2/25/2026
- Loan status
- Current
- Loan type
- Revolving line
- Collateral
- Required
- Business type
- Corporation
- Jobs supported
- 8
- Business age
- Change of Ownership
- Industry
- Residential Remodelers
If you were the buyer here
- Est. deal size
- $167K
- Est. down payment (10%)
- $17K
- Est. cash at closing
- $21K
- Monthly payment
- $1,900
- Annual debt service
- $23K
- Cash flow needed (1.25×)
- $29K
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 First American Bank · Lender record →
Your business? Claim this record · Request removal
- CRJ1 Enterprises, LLC in Spring Grove, IL — $350K (2023) · purchase · Newtek Small Business Finance, Inc.
- Program
- Preferred Lenders Program
- Rate at approval
- 10% variable
- Term
- 120 mo (10 yrs)
- SBA guaranteed
- $263K (75%)
- Approved
- 12/13/2022
- Loan status
- Cancelled
- Loan type
- Term loan
- Collateral
- Required
- Business type
- Corporation
- Jobs supported
- 10
- Business age
- Change of Ownership
- Industry
- Residential Remodelers
If you were the buyer here
- Est. deal size
- $389K
- Est. down payment (10%)
- $39K
- Est. cash at closing
- $52K
- Monthly payment
- $4,625
- Annual debt service
- $56K
- Cash flow needed (1.25×)
- $69K
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 Newtek Small Business Finance, Inc.
Your business? Claim this record · Request removal
- SIGNATURE WATER AND FIRE RESTORATION NB, LLC in Northbrook, IL — $700K (2022) · purchase · Byline Bank
- Program
- Preferred Lenders Program
- Rate at approval
- 6.75% variable
- Term
- 192 mo (16 yrs)
- SBA guaranteed
- $525K (75%)
- Approval → funding
- 10 days
- Approved
- 6/27/2022
- First disbursed
- 7/7/2022
- Loan status
- Current
- Loan type
- Term loan
- Collateral
- Required
- Business type
- Corporation
- Secondary market
- Loan sold to investors
- Jobs supported
- 12
- Business age
- Change of Ownership
- Industry
- Residential Remodelers
If you were the buyer here
- Est. deal size
- $778K
- Est. down payment (10%)
- $78K
- Est. cash at closing
- $104K
- Monthly payment
- $5,972
- Annual debt service
- $72K
- Cash flow needed (1.25×)
- $90K
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 Byline Bank · Lender record →
Your business? Claim this record · Request removal
Financing a residential remodelers 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 residential remodelers businesses with a Illinois project address.
Agent summary
How to finance a residential remodelers 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. First American Bank funds the most here. DealRoom is not a lender.
- $217K typical loan
- 3 lenders active in Illinois
- 4+ funded Illinois deals
- 22 days typical to fund
Buyers buying a residential remodelers 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: