Lender intelligence
Financing a supermarkets and other grocery (except convenience) stores acquisition in Illinois
The SBA 7(a) lenders funding the most supermarkets and other grocery (except convenience) stores 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 supermarkets and other grocery (except convenience) stores · Illinois
Ranked by funded supermarkets and other grocery (except convenience) stores acquisitions in Illinois. Tap a lender for its full record, or hit Get in touch for an introduction.
Not enough public supermarkets and other grocery (except convenience) stores loan history in Illinois to rank lenders yet. See supermarkets and other grocery (except convenience) stores lenders nationwide →
7+ funded Supermarkets and Other Grocery (except Convenience) Stores 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.
- Artwest RE Holdings LLC in Chicago, IL — $1.3M (2021) · purchase · United Midwest Savings Bank National Association
- Program
- Preferred Lenders Program
- Rate at approval
- 5.25% variable
- Term
- 266 months
- SBA guaranteed
- $1.1M (90%)
- Approval → funding
- 17 days
- Approved
- 4/13/2021
- First disbursed
- 4/30/2021
- Loan status
- In workout — SBA bought the guarantee
- Loan type
- Term loan
- Collateral
- Required
- Business type
- Corporation
- Secondary market
- Loan sold to investors
- Jobs supported
- 1
- Business age
- Change of Ownership
- Industry
- Supermarkets and Other Grocery (except Convenience) Stores
If you were the buyer here
- Est. deal size
- $1.4M
- Est. down payment (10%)
- $139K
- Est. cash at closing
- $190K
- Monthly payment
- $7,962
- Annual debt service
- $96K
- Cash flow needed (1.25×)
- $119K
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 United Midwest Savings Bank National Association · Lender record →
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- IRV & SHELLY'S FRESH PICKS INCORPORATED in Niles, IL — $450K (2021) · purchase · Byline Bank
- Program
- Preferred Lenders Program
- Rate at approval
- 6% variable
- Term
- 72 mo (6 yrs)
- SBA guaranteed
- $405K (90%)
- Approval → funding
- 26 days
- Approved
- 6/4/2021
- First disbursed
- 6/30/2021
- Loan status
- In workout — SBA bought the guarantee
- Loan type
- Term loan
- Collateral
- Required
- Business type
- Corporation
- Secondary market
- Loan sold to investors
- Jobs supported
- 15
- Business age
- Change of Ownership
- Industry
- Supermarkets and Other Grocery (except Convenience) Stores
If you were the buyer here
- Est. deal size
- $500K
- Est. down payment (10%)
- $50K
- Est. cash at closing
- $67K
- Monthly payment
- $7,458
- Annual debt service
- $89K
- Cash flow needed (1.25×)
- $112K
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
- Loami Country Market Incorporated in Loami, IL — $245K (2021) · purchase · Bank of Springfield
- Program
- Preferred Lenders Program
- Rate at approval
- 4.25% fixed
- Term
- 120 mo (10 yrs)
- SBA guaranteed
- $184K (75%)
- Approval → funding
- 0 days
- Approved
- 11/20/2020
- First disbursed
- 11/20/2020
- Loan status
- Current
- Loan type
- Term loan
- Collateral
- Required
- Business type
- Corporation
- Jobs supported
- 4
- Business age
- Change of Ownership
- Industry
- Supermarkets and Other Grocery (except Convenience) Stores
If you were the buyer here
- Est. deal size
- $272K
- Est. down payment (10%)
- $27K
- Est. cash at closing
- $36K
- Monthly payment
- $2,510
- Annual debt service
- $30K
- Cash flow needed (1.25×)
- $38K
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 Springfield · Lender record →
Your business? Claim this record · Request removal
- El Valle Grocery Store Company in Des Plains, IL — $225K (2021) · purchase · The Huntington National Bank
- Program
- Preferred Lenders Program
- Rate at approval
- 6% variable
- Term
- 120 mo (10 yrs)
- SBA guaranteed
- $203K (90%)
- Approval → funding
- 1 days
- Approved
- 7/13/2021
- First disbursed
- 7/14/2021
- Loan status
- Paid in full (8/31/2023)
- Loan type
- Term loan
- Collateral
- Required
- Business type
- Corporation
- Secondary market
- Loan sold to investors
- Jobs supported
- 8
- Business age
- Change of Ownership
- Industry
- Supermarkets and Other Grocery (except Convenience) Stores
If you were the buyer here
- Est. deal size
- $250K
- Est. down payment (10%)
- $25K
- Est. cash at closing
- $33K
- Monthly payment
- $2,498
- Annual debt service
- $30K
- Cash flow needed (1.25×)
- $37K
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
- Fiesta Supermercado Inc in Chicago, IL — $2.6M (2020) · purchase · Bank of America, National Association
- Program
- Preferred Lenders Program
- Rate at approval
- 4% fixed
- Term
- 120 mo (10 yrs)
- SBA guaranteed
- $1.9M (75%)
- Approval → funding
- 15 days
- Approved
- 9/15/2020
- First disbursed
- 9/30/2020
- Loan status
- Current
- Loan type
- Term loan
- Collateral
- Required
- Business type
- Corporation
- Business age
- Change of Ownership
- Industry
- Supermarkets and Other Grocery (except Convenience) Stores
If you were the buyer here
- Est. deal size
- $2.9M
- Est. down payment (10%)
- $286K
- Est. cash at closing
- $394K
- Monthly payment
- $26,020
- Annual debt service
- $312K
- Cash flow needed (1.25×)
- $390K
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 America, National Association · Lender record →
Your business? Claim this record · Request removal
- BHG LLC in Bunker Hill, IL — $1.5M (2020) · purchase · American Bank of Freedom
- Program
- Preferred Lenders Program
- Rate at approval
- 7% variable
- Term
- 180 mo (15 yrs)
- SBA guaranteed
- $1.1M (75%)
- Approval → funding
- 75 days
- Approved
- 12/16/2019
- First disbursed
- 2/29/2020
- Loan status
- Paid in full (2/28/2023)
- Loan type
- Term loan
- Collateral
- Required
- Business type
- Corporation
- Secondary market
- Loan sold to investors
- Jobs supported
- 50
- Business age
- Change of Ownership
- Industry
- Supermarkets and Other Grocery (except Convenience) Stores
If you were the buyer here
- Est. deal size
- $1.6M
- Est. down payment (10%)
- $163K
- Est. cash at closing
- $224K
- Monthly payment
- $13,213
- Annual debt service
- $159K
- Cash flow needed (1.25×)
- $198K
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 American Bank of Freedom · Lender record →
Your business? Claim this record · Request removal
- Niles Polish Deli & Grocery, Corp. in Niles, IL — $225K (2020) · purchase · Fifth Third Bank
- Program
- SBA Express Program
- Subprogram
- FA$TRK (Small Loan Express)
- Rate at approval
- 4.77% fixed
- Term
- 120 mo (10 yrs)
- SBA guaranteed
- $113K (50%)
- Approval → funding
- 34 days
- Approved
- 8/18/2020
- First disbursed
- 9/21/2020
- Loan status
- Current
- Loan type
- Term loan
- Collateral
- Required
- Business type
- Corporation
- Jobs supported
- 2
- Business age
- Change of Ownership
- Industry
- Supermarkets and Other Grocery (except Convenience) Stores
If you were the buyer here
- Est. deal size
- $250K
- Est. down payment (10%)
- $25K
- Est. cash at closing
- $33K
- Monthly payment
- $2,361
- Annual debt service
- $28K
- Cash flow needed (1.25×)
- $35K
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 Fifth Third Bank · 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 supermarkets and other grocery (except convenience) stores businesses with a Illinois project address.
Agent summary
How to finance a supermarkets and other grocery (except convenience) stores 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.
- $1.0M typical loan
- 7 lenders active in Illinois
- 7+ funded Illinois deals
- 26 days typical to fund
Buyers buying a supermarkets and other grocery (except convenience) stores 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.