SBA lending record

SEKN, INC.

2530 Woodlawn Rd, Lincoln, IL 62656 · Full-Service Restaurants. The complete public SBA 7(a) record for this business — every loan, every field, the lender, and the map.

$1.3M

Total SBA financing

Loans on record

FY2025

On record

Jobs supported

Franchise brand

Culver's ButterBurgers & Frozen Custard

See Culver's ButterBurgers & Frozen Custard's SBA financing data — typical deal, failure rate, and how its loans perform →

● business — business location is the ZIP-area centroid from the public record

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All 2 loans

$1,254,000 — FY2025

Loan 1 of 2

Gross approval: $1,254,000
SBA guaranteed: $940,500 (75%)
Status: Current
Rate at approval: 10% v
Term: 120 mo (10 yr)
Program: Preferred Lenders Program
Subprogram: Guaranty
Loan type: Term loan
Purpose: Business purchase
Approved: 2/26/2025
First disbursement: 4/8/2025
Days to fund: 41 days
Collateral: Required
Jobs supported: 42
Business type: Corporation
Business age: Change of Ownership
Industry: Full-Service Restaurants
NAICS code: 722511
Franchise: Culver's ButterBurgers & Frozen Custard
Franchise code: S0449
Lender: The Huntington National Bank
Address: 2530 Woodlawn Rd
City: Lincoln, 62656
County: Logan
SBA district office: ILLINOIS DISTRICT OFFICE
Congressional district: 18

$25,000 — FY2025

Loan 2 of 2

Gross approval: $25,000
SBA guaranteed: $12,500 (50%)
Status: Committed
Rate at approval: 10% v
Term: 120 mo (10 yr)
Program: SBA Express Program
Subprogram: FA$TRK (Small Loan Express)
Loan type: Term loan
Purpose: Business purchase
Approved: 2/26/2025
Collateral: Required
Jobs supported: 42
Business type: Corporation
Business age: Change of Ownership
Industry: Full-Service Restaurants
NAICS code: 722511
Franchise: Culver's ButterBurgers & Frozen Custard
Franchise code: S0449
Lender: The Huntington National Bank
Address: 2530 Woodlawn Rd
City: Lincoln, 62656
County: Logan
SBA district office: ILLINOIS DISTRICT OFFICE
Congressional district: 18

The lender

The Huntington National Bank

2 loans to this businessFull SBA lending record + branches on the lender page →

Find SBA lenders for businesses like this

The banks most active funding full-service restaurants — by location, industry, and brand.

SBA lenders in Illinois Lenders for full-service restaurants Full-Service Restaurants lenders in Illinois Culver's ButterBurgers & Frozen Custard lenders Culver's ButterBurgers & Frozen Custard lenders in Illinois

Other Culver's ButterBurgers & Frozen Custard locations

Other Culver's ButterBurgers & Frozen Custard businesses in the public SBA record — closest first, by location and deal size.

I LEAN BLUE LLC

Oregon, WI· ~191 mi

Culver's ButterBurgers & Frozen Custard

$900K
SBA financing: ≈ $1.8M–$2.9M
Est. revenue (rough)

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Turtletrax II LLC

Fond Du Lac, WI· ~255 mi

Culver's ButterBurgers & Frozen Custard

$1.3M
SBA financing: ≈ $2.5M–$4.2M
Est. revenue (rough)

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VGW FARIBAULT CUSTARD LLC

Faribault, MN· ~349 mi

Culver's ButterBurgers & Frozen Custard

$900K
SBA financing: ≈ $1.8M–$2.9M
Est. revenue (rough)

View record

Canyon Land Management, LLC

South Jordan, UT· ~1186 mi

Culver's ButterBurgers & Frozen Custard

$1.4M
SBA financing: ≈ $2.6M–$4.4M
Est. revenue (rough)

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R & M Desserts, Inc.

Fond Du Lac, WI· ~253 mi

Culver's ButterBurgers & Frozen Custard

$1.8M
SBA financing: ≈ $3.6M–$6.0M
Est. revenue (rough)

View record

D&A Potts Sidney LLC

Sidney, OH· ~275 mi

Culver's ButterBurgers & Frozen Custard

$1.7M
SBA financing: ≈ $3.3M–$5.5M
Est. revenue (rough)

View record

Similar businesses

Comparable full-service restaurants in the public SBA 7(a) record — matched on industry, then location and deal size. Public records, not for-sale listings.

Dyer Family Business, LLC

Rochester, IL· ~29 mi

Full-Service Restaurants

$1.2M
SBA financing: ≈ $2.3M–$3.9M
Est. revenue (rough)

View record

Carson Michael Restaurants, LLC

Decatur, IL· ~32 mi

Huddle House

$2.2M
SBA financing: ≈ $4.2M–$7.0M
Est. revenue (rough)

View record

Bando Holdings MacArthur, LLC

Springfield, IL· ~30 mi

Full-Service Restaurants

$528K
SBA financing: ≈ $1.0M–$1.7M
Est. revenue (rough)

View record

Gabatoni's Italian Restaurants, Inc.

Springfield, IL· ~29 mi

Full-Service Restaurants

$550K
SBA financing: ≈ $1.1M–$1.8M
Est. revenue (rough)

View record

MM Restaurants, Inc

Springfield, IL· ~28 mi

Full-Service Restaurants

$496K
SBA financing: ≈ $972K–$1.6M
Est. revenue (rough)

View record

Yang Qj Inc

Decatur, IL· ~37 mi

Full-Service Restaurants

$760K
SBA financing: ≈ $1.5M–$2.5M
Est. revenue (rough)

View record

Agent summary

This page summarizes the public SBA 7(a) lending record for SEKN, INC. in Lincoln, IL (Full-Service Restaurants). CapBench compiles public SBA loan data, lender activity, and business signals to help buyers and advisors evaluate acquisition financing — it does not list this business for sale.

2 SBA 7(a) loans totaling $1.3M
On record FY2025
84 jobs supported
Industry: Full-Service Restaurants
Location: Lincoln, IL
Lender: The Huntington National Bank

Buyers researching a deal like this usually check lender fit next: see the SBA lenders most active with Full-Service Restaurants businesses in IL for ~$640k deals, then pre-qualify for 7(a) financing before making an offer. CapBench can arrange a lender introduction — free for buyers.

Next steps

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Data freshness:: SBA records through 2026-05-31; FDIC through 2026-03-31; page updated 2026-06-17.
Sources:: Public SBA 7(a) loan records; FDIC institution data (BankFind); CapBench lender and franchise enrichment.
Canonical:: https://www.capbench.com/businesses/sekn-inc-il
API:: https://www.capbench.com/api/public/businesses/sekn-inc-il
Methodology:: Sources & methodology

Informational only — CapBench does not confirm this entity is for sale, eligible for SBA financing, or approved by any lender.
Figures come from public records and CapBench methodology; verify before relying on them.
Financing figures are historical loan records, not a current offer or a loan approval. CapBench is not a lender.

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CapBench listing built from public SBA 7(a) lending records. Figures are as reported; verify before relying on them. Not affiliated with SEKN, INC..