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How to finance a Servpro in Illinois

State:

The SBA 7(a) lenders funding the most Servpro deals in Illinois, from public loan records — typical Servpro loan about $500K. A bank already funding the brand in your state knows it twice over.

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

$235K

Typical loan

range $58K–$2.06M

$261K

Est. purchase price

≈ loan ÷ 90%

$34,924

Cash to close

$26,111 down + fees

$3,440/mo

Typical payment

~12.5% · 10yr

$47,472/yr

Cash flow to qualify

≈ payment × 1.15 DSCR

14 days

Typical time to fund

Lenders competing

more = leverage

6.36%

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 Servpro in Illinois

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

1.2,539 loans · $965M · Columbus, OHFull record →
2.4 loans · $1M · Stonewall, OKFull record →
3.1,296 loans · $1.4B · Wilmington, NCFull record →
4.20 loans · $14M · Arlington Heights, ILFull record →
5.116 loans · $120M · Evansville, INFull record →
6.9 loans · $4M · Wheaton, ILFull record →

14+ funded Servpro 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.

Phase 3 Restoration LLC in Wheaton, IL — $2.1M (2023) · Wheaton Bank & Trust Company, National Association
Program
Preferred Lenders Program
Rate at approval
8% variable
Term
84 mo (7 yrs)
SBA guaranteed
$1.5M (75%)
Approved
5/19/2023
Loan status
Cancelled
Loan type
Term loan
Collateral
Required
Business type
Corporation
Jobs supported
16
Business age
Existing or more than 2 years old
Industry
Janitorial Services
Funded by Wheaton Bank & Trust Company, National Association · Lender record →
Your business? Claim this record · Request removal
The Premier Restoration Group LLC in Kingston, IL — $140K (2023) · Old National Bank
Program
Preferred Lenders Program
Rate at approval
8.75% fixed
Term
120 mo (10 yrs)
SBA guaranteed
$105K (75%)
Approval → funding
13 days
Approved
6/23/2023
First disbursed
7/6/2023
Loan status
Current
Loan type
Term loan
Collateral
Required
Business type
Corporation
Jobs supported
7
Business age
Startup, Loan Funds will Open Business
Industry
Remediation Services
Funded by Old National Bank · Lender record →
Your business? Claim this record · Request removal
The Premier Restoration Group LLC in Kingston, IL — $58K (2023) · Old National Bank
Program
SBA Express Program
Subprogram
FA$TRK (Small Loan Express)
Rate at approval
9.25% variable
Term
119 months
SBA guaranteed
$29K (50%)
Approval → funding
13 days
Approved
6/23/2023
First disbursed
7/6/2023
Loan status
Current
Loan type
Revolving line
Collateral
Required
Business type
Corporation
Jobs supported
7
Business age
Startup, Loan Funds will Open Business
Industry
Remediation Services
Funded by Old National Bank · Lender record →
Your business? Claim this record · Request removal
Walker Restoration Company in Saint Charles, IL — $2.4M (2022) · purchase · Live Oak Banking Company
Program
Preferred Lenders Program
Rate at approval
6.5% variable
Term
156 mo (13 yrs)
SBA guaranteed
$1.8M (75%)
Approval → funding
19 days
Approved
8/10/2022
First disbursed
8/29/2022
Loan status
Payments deferred
Loan type
Term loan
Collateral
Required
Business type
Corporation
Secondary market
Loan sold to investors
Jobs supported
50
Business age
Change of Ownership
Industry
All Other Specialty Trade Contractors
If you were the buyer here
Est. deal size
$2.6M
Est. down payment (10%)
$261K
Est. cash at closing
$360K
Monthly payment
$22,353
Annual debt service
$268K
Cash flow needed (1.25×)
$335K
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 Live Oak Banking Company · Lender record →
Your business? Claim this record · Request removal
Walker Restoration Company in Palatine, IL — $1.1M (2022) · purchase · Live Oak Banking Company
Program
Preferred Lenders Program
Rate at approval
6.5% variable
Term
120 mo (10 yrs)
SBA guaranteed
$844K (75%)
Approval → funding
19 days
Approved
8/10/2022
First disbursed
8/29/2022
Loan status
Payments deferred
Loan type
Term loan
Collateral
Required
Business type
Corporation
Secondary market
Loan sold to investors
Jobs supported
50
Business age
Change of Ownership
Industry
All Other Specialty Trade Contractors
If you were the buyer here
Est. deal size
$1.3M
Est. down payment (10%)
$125K
Est. cash at closing
$171K
Monthly payment
$12,774
Annual debt service
$153K
Cash flow needed (1.25×)
$192K
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 Live Oak Banking Company · Lender record →
Your business? Claim this record · Request removal
Walker Restoration Company in Palatine, IL — $400K (2022) · purchase · Live Oak Banking Company
Program
SBA Express Program
Subprogram
FA$TRK (Small Loan Express)
Rate at approval
7.5% variable
Term
120 mo (10 yrs)
SBA guaranteed
$200K (50%)
Approval → funding
19 days
Approved
8/10/2022
First disbursed
8/29/2022
Loan status
Current
Loan type
Revolving line
Collateral
Required
Business type
Corporation
Jobs supported
50
Business age
Change of Ownership
Industry
All Other Specialty Trade Contractors
If you were the buyer here
Est. deal size
$444K
Est. down payment (10%)
$44K
Est. cash at closing
$59K
Monthly payment
$4,748
Annual debt service
$57K
Cash flow needed (1.25×)
$71K
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 Live Oak Banking Company · Lender record →
Your business? Claim this record · Request removal
D&A Restoration LLC in Lake Villa, IL — $50K (2022) · The Huntington National Bank
Program
SBA Express Program
Subprogram
FA$TRK (Small Loan Express)
Rate at approval
7.25% variable
Term
60 mo (5 yrs)
SBA guaranteed
$25K (50%)
Approved
4/28/2022
Loan status
Cancelled
Loan type
Term loan
Collateral
Required
Business type
Corporation
Jobs supported
2
Business age
Existing or more than 2 years old
Industry
Remediation Services
Funded by The Huntington National Bank · Lender record →
Your business? Claim this record · Request removal
Pro Fire and Water Restoration Company in Chicago, IL — $5.0M (2021) · First American Bank
Program
Contract Loan Line of Credit (CAPLine)
Subprogram
Contract Guaranty
Rate at approval
4.75% variable
Term
120 mo (10 yrs)
SBA guaranteed
$3.8M (75%)
Approved
8/30/2021
First disbursed
10/28/2024
Loan status
Current
Loan type
Revolving line
Collateral
Required
Business type
Corporation
Jobs supported
2
Business age
Existing or more than 2 years old
Industry
Residential Remodelers
Funded by First American Bank · Lender record →
Your business? Claim this record · Request removal
Pro Fire and Water Restoration Company in Chicago, IL — $3.0M (2021) · First American Bank
Program
Contract Loan Line of Credit (CAPLine)
Subprogram
Contract Guaranty
Rate at approval
4.75% variable
Term
12 mo (1 yrs)
SBA guaranteed
$2.3M (75%)
Approval → funding
18 days
Approved
10/13/2020
First disbursed
10/31/2020
Loan status
Paid in full (7/31/2021)
Loan type
Revolving line
Collateral
Not required
Business type
Corporation
Jobs supported
2
Business age
Existing or more than 2 years old
Industry
Residential Remodelers
Funded by First American Bank · Lender record →
Your business? Claim this record · Request removal
D&A Restoration LLC in Grayslake, IL — $235K (2021) · The Huntington National Bank
Program
Preferred Lenders Program
Rate at approval
6% variable
Term
120 mo (10 yrs)
SBA guaranteed
$212K (90%)
Approval → funding
4 days
Approved
3/12/2021
First disbursed
3/16/2021
Loan status
Current
Loan type
Term loan
Collateral
Required
Business type
Corporation
Secondary market
Loan sold to investors
Jobs supported
4
Business age
Startup, Loan Funds will Open Business
Industry
Remediation Services
Funded by The Huntington National Bank · Lender record →
Your business? Claim this record · Request removal
WDA Services, LLC in Northbrook, IL — $163K (2021) · purchase · Village Bank and Trust, National Association
Program
SBA Express Program
Subprogram
FA$TRK (Small Loan Express)
Rate at approval
5% variable
Term
120 mo (10 yrs)
SBA guaranteed
$122K (75%)
Approval → funding
14 days
Approved
5/14/2021
First disbursed
5/28/2021
Loan status
Paid in full (3/31/2025)
Loan type
Term loan
Collateral
Required
Business type
Corporation
Jobs supported
6
Business age
Change of Ownership
Industry
Janitorial Services
If you were the buyer here
Est. deal size
$181K
Est. down payment (10%)
$18K
Est. cash at closing
$24K
Monthly payment
$1,732
Annual debt service
$21K
Cash flow needed (1.25×)
$26K
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
Eastwood Remediation Services Inc. in Lyons, IL — $146K (2021) · First American Bank
Program
Preferred Lenders Program
Rate at approval
3.75% fixed
Term
60 mo (5 yrs)
SBA guaranteed
$132K (90%)
Approval → funding
10 days
Approved
9/7/2021
First disbursed
9/17/2021
Loan status
Paid in full (11/30/2025)
Loan type
Term loan
Collateral
Required
Business type
Corporation
Jobs supported
2
Business age
New Business or 2 years or less
Industry
Residential Remodelers
Funded by First American Bank · Lender record →
Your business? Claim this record · Request removal
WDA Services, LLC in Northbrook, IL — $50K (2021) · purchase · Village Bank and Trust, National Association
Program
SBA Express Program
Subprogram
FA$TRK (Small Loan Express)
Rate at approval
5% variable
Term
84 mo (7 yrs)
SBA guaranteed
$38K (75%)
Approval → funding
12 days
Approved
5/14/2021
First disbursed
5/26/2021
Loan status
Paid in full (10/31/2022)
Loan type
Revolving line
Collateral
Not required
Business type
Corporation
Jobs supported
6
Business age
Change of Ownership
Industry
Janitorial Services
If you were the buyer here
Est. deal size
$56K
Est. down payment (10%)
$6K
Est. cash at closing
$7K
Monthly payment
$707
Annual debt service
$8K
Cash flow needed (1.25×)
$11K
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
D&A Restoration LLC in Grayslake, IL — $25K (2021) · The Huntington National Bank
Program
SBA Express Program
Subprogram
FA$TRK (Small Loan Express)
Rate at approval
6% variable
Term
120 mo (10 yrs)
SBA guaranteed
$19K (75%)
Approved
3/12/2021
Loan status
Cancelled
Loan type
Revolving line
Collateral
Required
Business type
Corporation
Jobs supported
4
Business age
Startup, Loan Funds will Open Business
Industry
Remediation Services
Funded by The Huntington National Bank · Lender record →
Your business? Claim this record · Request removal

Buying a Servpro 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.

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 Servpro loans with a Illinois project address. Mega-bank call-center lenders excluded.

Agent summary

How to finance a Servpro 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. The Huntington National Bank funds the most here. CapBench is not a lender.

$500K typical Servpro loan
6 lenders active in Illinois
14+ funded Illinois deals
14 days typical to fund

Buyers buying a Servpro 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 Servpro lenders

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/lenders/franchise/servpro/illinois
API:: https://www.capbench.com/api/public/lenders?franchise=servpro
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.