Food & Restaurants · lender intelligence

How to finance a Burger King in Illinois

State:

The SBA 7(a) lenders funding the most Burger King deals in Illinois, from public loan records — typical Burger King loan about $210K. A bank already funding the brand in your state knows it twice over.

Deal economics— what it takes to buy & finance Burger King in Illinois

$500K

Typical loan

range $100K–$1.28M

$556K

Est. purchase price

≈ loan ÷ 90%

$74,306

Cash to close

$55,556 down + fees

$6,470/mo

Typical payment

~9.5% · 10yr

$89,286/yr

Cash flow to qualify

≈ payment × 1.15 DSCR

41 days

Typical time to fund

Lenders competing

more = leverage

7.78%

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 Burger King in Illinois

Ranked by funded Burger King loans in Illinois. Tap a lender for its full record, or hit Get in touch for an introduction.

1.20 loans · $14M · Arlington Heights, ILFull record →

5+ funded Burger King 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.

MJG ENTERPRISES, LLC in Gurnee, IL — $1.3M (2026) · Village Bank and Trust, National Association
Program
Preferred Lenders Program
Rate at approval
6.61% fixed
Term
120 mo (10 yrs)
SBA guaranteed
$960K (75%)
Approval → funding
2 days
Approved
11/18/2025
First disbursed
11/20/2025
Loan status
Current
Loan type
Term loan
Collateral
Required
Business type
Corporation
Jobs supported
300
Business age
Existing or more than 2 years old
Industry
Limited-Service Restaurants
Funded by Village Bank and Trust, National Association · Lender record →
Your business? Claim this record · Request removal
MJG BELMONT, LLC in Chicago, IL — $500K (2024) · purchase · Village Bank and Trust, National Association
Program
Preferred Lenders Program
Rate at approval
6.911% fixed
Term
120 mo (10 yrs)
SBA guaranteed
$375K (75%)
Approval → funding
53 days
Approved
8/16/2024
First disbursed
10/8/2024
Loan status
Current
Loan type
Term loan
Collateral
Required
Business type
Corporation
Jobs supported
40
Business age
Change of Ownership
Industry
Limited-Service Restaurants
If you were the buyer here
Est. deal size
$556K
Est. down payment (10%)
$56K
Est. cash at closing
$74K
Monthly payment
$5,783
Annual debt service
$69K
Cash flow needed (1.25×)
$87K
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 Village Bank and Trust, National Association · Lender record →
Your business? Claim this record · Request removal
MJG BELMONT, LLC in Chicago, IL — $100K (2024) · Village Bank and Trust, National Association
Program
SBA Express Program
Subprogram
FA$TRK (Small Loan Express)
Rate at approval
9.5% variable
Term
84 mo (7 yrs)
SBA guaranteed
$50K (50%)
Approval → funding
53 days
Approved
8/16/2024
First disbursed
10/8/2024
Loan status
Current
Loan type
Revolving line
Collateral
Required
Business type
Corporation
Jobs supported
40
Business age
New Business or 2 years or less
Industry
Limited-Service Restaurants
Funded by Village Bank and Trust, National Association · Lender record →
Your business? Claim this record · Request removal
MJG ENTERPRISES, LLC in Libertyville, IL — $1.8M (2023) · Village Bank and Trust, National Association
Program
Preferred Lenders Program
Rate at approval
7.64% fixed
Term
120 mo (10 yrs)
SBA guaranteed
$1.3M (75%)
Approval → funding
7 days
Approved
7/27/2023
First disbursed
8/3/2023
Loan status
Current
Loan type
Term loan
Collateral
Required
Business type
Corporation
Jobs supported
100
Business age
Existing or more than 2 years old
Industry
Full-Service Restaurants
Funded by Village Bank and Trust, National Association · Lender record →
Your business? Claim this record · Request removal
MJG ENTERPRISES, LLC in Libertyville, IL — $100K (2023) · Village Bank and Trust, National Association
Program
SBA Express Program
Subprogram
FA$TRK (Small Loan Express)
Rate at approval
8.25% variable
Term
84 mo (7 yrs)
SBA guaranteed
$50K (50%)
Approval → funding
41 days
Approved
6/23/2023
First disbursed
8/3/2023
Loan status
Current
Loan type
Revolving line
Collateral
Required
Business type
Corporation
Jobs supported
100
Business age
Existing or more than 2 years old
Industry
Full-Service Restaurants
Funded by Village Bank and Trust, National Association · Lender record →
Your business? Claim this record · Request removal

Buying a Burger King 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.

Free · No documents · Usually same-day

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.

By submitting, I agree that CapBench may share my contact information with SBA lending partners and loan brokers (including partners who compensate CapBench), and that they and CapBench may contact me about financing by phone, email, and text — including via autodialed or prerecorded calls and messages — at the phone number and email I provide. Consent is not a condition of any purchase or service, and message and data rates may apply. CapBench is not a lender and makes no credit decision.

CapBench analysis of public SBA 7(a) lending records; ranked by funded Burger King loans with a Illinois project address. Mega-bank call-center lenders excluded.

Agent summary

How to finance a Burger King 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. Village Bank and Trust, National Association funds the most here. CapBench is not a lender.

$210K typical Burger King loan
1 lenders active in Illinois
5+ funded Illinois deals
41 days typical to fund

Buyers buying a Burger King 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.

Next steps

Pre-qualify this deal Talk to a loan broker All Burger King lenders

Data freshness:: SBA records through 2026-05-31; FDIC through 2026-03-31; page updated 2026-06-20.
Sources:: Public SBA 7(a) loan records; FDIC institution data (BankFind); CapBench lender and franchise enrichment.
Canonical:: https://www.capbench.com/lenders/franchise/burger-king/illinois
API:: https://www.capbench.com/api/public/lenders?franchise=burger-king
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.