SBA lending record

Vedasrikanth LLC

4751 SASSAFRAS LN, Naperville, IL 60564 · Limited-Service Restaurants. The complete public SBA 7(a) record for this business — every loan, every field, the lender, and the map.

$4.8M

Total SBA financing

Loans on record

FY2021–24

On record

100

Jobs supported

Franchise brand

Schlotzsky's

See Schlotzsky's'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

$2,340,000 — FY2024

Loan 1 of 2

Gross approval: $2,340,000
SBA guaranteed: $1,755,000 (75%)
Status: Current
Rate at approval: 8.5% v
Term: 300 mo (25 yr)
Program: Preferred Lenders Program
Subprogram: Guaranty
Loan type: Term loan
Purpose: Other / working capital
Approved: 6/29/2024
First disbursement: 7/10/2024
Days to fund: 11 days
Collateral: Required
Jobs supported: 20
Business type: Corporation
Business age: Existing or more than 2 years old
Industry: Limited-Service Restaurants
NAICS code: 722513
Franchise: Schlotzsky's
Franchise code: S1529
Lender: CenTrust Bank, A Division of SmartBiz Bank National Association
Address: 3056 Anna Marie Ln
City: Naperville, 60564
County: Will
SBA district office: ILLINOIS DISTRICT OFFICE
Congressional district: 11

$2,429,000 — FY2021

Loan 2 of 2

Gross approval: $2,429,000
SBA guaranteed: $2,186,100 (90%)
Status: Paid in full
Rate at approval: 2.5% v
Term: 306 mo (26 yr)
Program: Preferred Lenders Program
Subprogram: Guaranty
Loan type: Term loan
Purpose: Other / working capital
Approved: 7/30/2021
First disbursement: 10/4/2021
Days to fund: 66 days
Paid in full: 7/31/2024
Collateral: Required
Sold on secondary market: Yes
Jobs supported: 80
Business type: Corporation
Business age: Startup, Loan Funds will Open Business
Industry: Limited-Service Restaurants
NAICS code: 722513
Franchise: Schlotzsky's
Franchise code: S1529
Lender: The Huntington National Bank
Address: 4751 SASSAFRAS LN
City: Naperville, 60564
County: Will
SBA district office: ILLINOIS DISTRICT OFFICE
Congressional district: 11

The lenders

The Huntington National Bank

1 loan to this businessFull SBA lending record + branches on the lender page →

CenTrust Bank, A Division of SmartBiz Bank National Association

1 loan to this businessFull SBA lending record + branches on the lender page →

Find SBA lenders for businesses like this

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

SBA lenders in Illinois Lenders for limited-service restaurants Limited-Service Restaurants lenders in Illinois Schlotzsky's lenders Schlotzsky's lenders in Illinois

Other Schlotzsky's locations

Other Schlotzsky's businesses in the public SBA record — closest first, by location and deal size.

Vega North Enterprises LLC

San Antonio, TX· ~1011 mi

Schlotzsky's

$4.0M
SBA financing: ≈ $7.8M–$13M
Est. revenue (rough)

View record

Sandia Restaurants LLC

Santa Fe, NM· ~1050 mi

Schlotzsky's

$3.2M
SBA financing: ≈ $6.2M–$10M
Est. revenue (rough)

View record

Bluebird Acquisitions LLC

Granbury, TX· ~827 mi

Schlotzsky's

$2.2M
SBA financing: ≈ $4.4M–$7.3M
Est. revenue (rough)

View record

Kanthi Restaurant Group LLC

Yukon, OK· ~669 mi

Schlotzsky's

$1.5M
SBA financing: ≈ $2.9M–$4.8M
Est. revenue (rough)

View record

Sterling Block Restaurant Group LLC

Wichita Falls, TX· ~779 mi

Schlotzsky's

$1.0M
SBA financing: ≈ $2.0M–$3.4M
Est. revenue (rough)

View record

SKS Partners IV LLC

Mustang, OK· ~673 mi

Schlotzsky's

$1.3M
SBA financing: ≈ $2.5M–$4.1M
Est. revenue (rough)

View record

Similar businesses

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

M&M Pizza II, Inc.

Elgin, IL· ~23 mi

Domino's

$5.3M
SBA financing: ≈ $10M–$17M
Est. revenue (rough)

View record

JAPANIQUE LLC

Chicago, IL· ~34 mi

Sanrio - Cafe License Agreement

$4.6M
SBA financing: ≈ $9.0M–$15M
Est. revenue (rough)

View record

Fox Valley Chick, LLC

Batavia, IL· ~13 mi

Chicken Salad Chick

$2.4M
SBA financing: ≈ $4.7M–$7.8M
Est. revenue (rough)

View record

Unique Group, Inc.

Berwyn, IL· ~25 mi

Dunkin' Donut/Baskin-Robbins Co-Brand

$5.0M
SBA financing: ≈ $9.8M–$16M
Est. revenue (rough)

View record

SAI, LLC Series G

Plainfield, IL· ~5 mi

Dunkin' Donuts

$1.8M
SBA financing: ≈ $3.5M–$5.8M
Est. revenue (rough)

View record

HUMSPICE INC.

Chicago, IL· ~33 mi

Bonchon

$3.4M
SBA financing: ≈ $6.6M–$11M
Est. revenue (rough)

View record

Agent summary

This page summarizes the public SBA 7(a) lending record for Vedasrikanth LLC in Naperville, IL (Limited-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 $4.8M
On record FY2021–24
100 jobs supported
Industry: Limited-Service Restaurants
Location: Naperville, IL
Lenders: The Huntington National Bank, CenTrust Bank, A Division of SmartBiz Bank National Association

Buyers researching a deal like this usually check lender fit next: see the SBA lenders most active with Limited-Service Restaurants businesses in IL for ~$2.4M 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 2026-08-01.
Sources:: Public SBA 7(a) loan records; FDIC institution data (BankFind); CapBench lender and franchise enrichment.
Canonical:: https://www.capbench.com/businesses/vedasrikanth-llc-il
API:: https://www.capbench.com/api/public/businesses/vedasrikanth-llc-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 Vedasrikanth LLC.