How to finance a Sylvan Learning Centers in Illinois

State:

The SBA 7(a) lenders funding the most Sylvan Learning Centers deals in Illinois, from public loan records — typical Sylvan Learning Centers loan about $203K. A bank already funding the brand in your state knows it twice over.

Deal economics— what it takes to buy & finance Sylvan Learning Centers in Illinois

$348K

Typical loan

range $50K–$348K

$387K

Est. purchase price

≈ loan ÷ 90%

$51,717

Cash to close

$38,667 down + fees

$4,794/mo

Typical payment

~11% · 10yr

$66,157/yr

Cash flow to qualify

≈ payment × 1.15 DSCR

27 days

Typical time to fund

Lenders competing

more = leverage

7.12%

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 Sylvan Learning Centers in Illinois

Ranked by funded Sylvan Learning Centers 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 →
2.1,296 loans · $1.4B · Wilmington, NCFull record →
3.9 loans · $4M · Wheaton, ILFull record →

6+ funded Sylvan Learning Centers 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.

NORTHSHORE TUTORS ZURICH, LLC in Lake Zurich, IL — $350K (2025) · purchase · Live Oak Banking Company
Program
Preferred Lenders Program
Rate at approval
9.99% variable
Term
120 mo (10 yrs)
SBA guaranteed
$263K (75%)
Approval → funding
29 days
Approved
9/22/2025
First disbursed
10/21/2025
Loan status
Current
Loan type
Term loan
Collateral
Required
Business type
Corporation
Secondary market
Loan sold to investors
Jobs supported
4
Business age
Change of Ownership
Industry
Exam Preparation and Tutoring
If you were the buyer here
Est. deal size
$389K
Est. down payment (10%)
$39K
Est. cash at closing
$52K
Monthly payment
$4,623
Annual debt service
$55K
Cash flow needed (1.25×)
$69K
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
Bauer James Inc. in Oak Lawn, IL — $348K (2020) · purchase · The Huntington National Bank
Program
Preferred Lenders Program
Rate at approval
7% variable
Term
120 mo (10 yrs)
SBA guaranteed
$261K (75%)
Approved
11/15/2019
Loan status
Cancelled
Loan type
Term loan
Collateral
Not required
Business type
Corporation
Jobs supported
35
Business age
Change of Ownership
Industry
Exam Preparation and Tutoring
If you were the buyer here
Est. deal size
$387K
Est. down payment (10%)
$39K
Est. cash at closing
$52K
Monthly payment
$4,041
Annual debt service
$48K
Cash flow needed (1.25×)
$61K
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 The Huntington National Bank · Lender record →
Your business? Claim this record · Request removal
Bauer James Inc. in Oak Lawn, IL — $348K (2020) · purchase · The Huntington National Bank
Program
Preferred Lenders Program
Rate at approval
7% variable
Term
120 mo (10 yrs)
SBA guaranteed
$261K (75%)
Approval → funding
23 days
Approved
1/8/2020
First disbursed
1/31/2020
Loan status
Current
Loan type
Term loan
Collateral
Not required
Business type
Corporation
Secondary market
Loan sold to investors
Jobs supported
35
Business age
Change of Ownership
Industry
Exam Preparation and Tutoring
If you were the buyer here
Est. deal size
$387K
Est. down payment (10%)
$39K
Est. cash at closing
$52K
Monthly payment
$4,041
Annual debt service
$48K
Cash flow needed (1.25×)
$61K
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 The Huntington National Bank · Lender record →
Your business? Claim this record · Request removal
Koffex Corporation in Chicago, IL — $203K (2020) · Wheaton Bank & Trust Company, National Association
Program
SBA Express Program
Subprogram
FA$TRK (Small Loan Express)
Rate at approval
4.75% fixed
Term
240 mo (20 yrs)
SBA guaranteed
$101K (50%)
Approval → funding
27 days
Approved
8/4/2020
First disbursed
8/31/2020
Loan status
Paid in full (5/31/2024)
Loan type
Term loan
Collateral
Required
Business type
Corporation
Jobs supported
14
Business age
New Business or 2 years or less
Industry
Educational Support Services
Funded by Wheaton Bank & Trust Company, National Association · Lender record →
Your business? Claim this record · Request removal
Bauer James Inc. in Oak Lawn, IL — $50K (2020) · The Huntington National Bank
Program
SBA Express Program
Subprogram
FA$TRK (Small Loan Express)
Rate at approval
7% variable
Term
120 mo (10 yrs)
SBA guaranteed
$25K (50%)
Approved
11/15/2019
Loan status
Cancelled
Loan type
Revolving line
Collateral
Not required
Business type
Corporation
Jobs supported
35
Business age
Unanswered
Industry
Exam Preparation and Tutoring
Funded by The Huntington National Bank · Lender record →
Your business? Claim this record · Request removal
Bauer James Inc. in Oak Lawn, IL — $50K (2020) · The Huntington National Bank
Program
SBA Express Program
Subprogram
FA$TRK (Small Loan Express)
Rate at approval
7% variable
Term
120 mo (10 yrs)
SBA guaranteed
$25K (50%)
Approved
1/8/2020
Loan status
Cancelled
Loan type
Revolving line
Collateral
Not required
Business type
Corporation
Jobs supported
35
Business age
Unanswered
Industry
Exam Preparation and Tutoring
Funded by The Huntington National Bank · Lender record →
Your business? Claim this record · Request removal

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

Agent summary

How to finance a Sylvan Learning Centers 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.

$203K typical Sylvan Learning Centers loan
3 lenders active in Illinois
6+ funded Illinois deals
27 days typical to fund

Buyers buying a Sylvan Learning Centers 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 Sylvan Learning Centers 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/sylvan-learning-centers/illinois
API:: https://www.capbench.com/api/public/lenders?franchise=sylvan-learning-centers
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.