Lender intelligence
Financing a nail salons acquisition in Illinois
The SBA 7(a) lenders funding the most nail salons acquisitions in Illinois, from public loan records. A lender doing your industry in your state every week underwrites faster and prices sharper.
Deal economics— what it takes to buy & finance nail salons in Illinois
$462K
Typical loan
range $229K–$462K
$514K
Est. purchase price
≈ loan ÷ 90%
$68,689
Cash to close
$51,356 down + fees
$5,981/mo
Typical payment
~9.5% · 10yr
$82,538/yr
Cash flow to qualify
≈ payment × 1.15 DSCR
46 days
Typical time to fund
2
Lenders competing
more = leverage
8.18%
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 in nail salons · Illinois
Ranked by funded nail salons acquisitions 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+ funded Nail Salons 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.
- VV Nail & Spa Services LLC in Libertyville, IL — $229K (2025) · purchase · The Huntington National Bank
- Program
- Preferred Lenders Program
- Rate at approval
- 10.25% variable
- Term
- 120 mo (10 yrs)
- SBA guaranteed
- $172K (75%)
- Approval → funding
- 46 days
- Approved
- 5/12/2025
- First disbursed
- 6/27/2025
- Loan status
- Current
- Loan type
- Term loan
- Collateral
- Required
- Business type
- Corporation
- Jobs supported
- 12
- Business age
- Change of Ownership
- Industry
- Nail Salons
If you were the buyer here
- Est. deal size
- $254K
- Est. down payment (10%)
- $25K
- Est. cash at closing
- $34K
- Monthly payment
- $3,058
- Annual debt service
- $37K
- Cash flow needed (1.25×)
- $46K
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
- Za Za Zoo Nail Salon in Chicago, IL — $462K (2022) · purchase · Old National Bank
- Program
- Preferred Lenders Program
- Rate at approval
- 6.1% variable
- Term
- 120 mo (10 yrs)
- SBA guaranteed
- $347K (75%)
- Approved
- 4/27/2022
- Loan status
- Cancelled
- Loan type
- Term loan
- Collateral
- Required
- Business type
- Corporation
- Jobs supported
- 33
- Business age
- Change of Ownership
- Industry
- Nail Salons
If you were the buyer here
- Est. deal size
- $514K
- Est. down payment (10%)
- $51K
- Est. cash at closing
- $69K
- Monthly payment
- $5,155
- Annual debt service
- $62K
- Cash flow needed (1.25×)
- $77K
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 Old National Bank · Lender record →
Your business? Claim this record · Request removal
Financing a nail salons deal in Illinois? Start with the right lender
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CapBench analysis of public SBA 7(a) lending records; ranked by funded acquisition loans to nail salons businesses with a Illinois project address.
Agent summary
How to finance a nail salons acquisition in Illinois with an SBA 7(a) loan: the lenders that fund the most of them here (from public records), with the real funded Illinois deals. The Huntington National Bank funds the most here. CapBench is not a lender.
- $265K typical loan
- 2 lenders active in Illinois
- 2+ funded Illinois deals
- 46 days typical to fund
Buyers buying a nail salons in Illinois typically pre-qualify, then ask CapBench to introduce a lender active 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 2026-06-18.
- 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.