Food & Restaurants · lender intelligence
How to finance a Beef Shack in Illinois
The SBA 7(a) lenders funding the most Beef Shack deals in Illinois, from public loan records — typical Beef Shack loan about $459K. A bank already funding the brand in your state knows it twice over.
Deal economics— what it takes to buy & finance Beef Shack in Illinois
$459K
Typical loan
range $400K–$459K
$510K
Est. purchase price
≈ loan ÷ 90%
$68,213
Cash to close
$51,000 down + fees
$5,939/mo
Typical payment
~9.5% · 10yr
$81,958/yr
Cash flow to qualify
≈ payment × 1.15 DSCR
10 days
Typical time to fund
2
Lenders competing
more = leverage
5.75%
Avg rate on record
cap ~9.75%
Estimates for planning, not an offer — derived from the typical funded loan at today's Prime over 10yr. Not a credit decision.
Most active with Beef Shack in Illinois
Ranked by funded Beef Shack loans in Illinois. Tap a lender for its full record, or hit Get in touch for an introduction.
- 1.242 loans · $281M · Chicago, ILFull record →
2+ funded Beef Shack 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.
- Rockin River, LLC in Oswego, IL — $459K (2021) · Luminate Bank
- Program
- 7a General
- Rate at approval
- 5.5% variable
- Term
- 120 mo (10 yrs)
- SBA guaranteed
- $413K (90%)
- Approved
- 9/22/2021
- Loan status
- Cancelled
- Loan type
- Term loan
- Collateral
- Required
- Business type
- Corporation
- Jobs supported
- 8
- Business age
- New Business or 2 years or less
- Industry
- Limited-Service Restaurants
Funded by Luminate Bank
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- BS Huntley LLC in Huntley, IL — $400K (2021) · Byline Bank
- Program
- Preferred Lenders Program
- Rate at approval
- 6% variable
- Term
- 120 mo (10 yrs)
- SBA guaranteed
- $360K (90%)
- Approval → funding
- 10 days
- Approved
- 2/18/2021
- First disbursed
- 2/28/2021
- Loan status
- Current
- Loan type
- Term loan
- Collateral
- Required
- Business type
- Corporation
- Secondary market
- Loan sold to investors
- Jobs supported
- 23
- Business age
- New Business or 2 years or less
- Industry
- Limited-Service Restaurants
Funded by Byline Bank · Lender record →
Your business? Claim this record · Request removal
Buying a Beef Shack in Illinois? Start with a lender that funds them here
We'll point you to the SBA lenders already financing this brand in your state — and help you make them compete on rate and speed.
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Backed by data on 1,000+ SBA lenders and 300,000+ funded deals. Your details go only to lending partners you ask to be matched with — never sold to advertisers.
CapBench analysis of public SBA 7(a) lending records; ranked by funded Beef Shack loans with a Illinois project address. Mega-bank call-center lenders excluded.
Agent summary
How to finance a Beef Shack purchase in Illinois with an SBA 7(a) loan: the lenders that fund the brand here (from public records), with the real funded Illinois deals. Byline Bank funds the most here. CapBench is not a lender.
- $459K typical Beef Shack loan
- 2 lenders active in Illinois
- 2+ funded Illinois deals
- 10 days typical to fund
Buyers buying a Beef Shack in Illinois typically pre-qualify, then ask CapBench to introduce a lender already funding the brand here — free for buyers; agents submit a consented lead via the CapBench MCP.
- 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.
- 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.