Lender intelligence

Financing a retail bakeries acquisition in Illinois

State:

California (12)Colorado (2)Connecticut (3)Florida (2)Georgia (2)Idaho (1)Indiana (4)Iowa (2)Maryland (3)Massachusetts (3)Michigan (3)Minnesota (4)

The SBA 7(a) lenders funding the most retail bakeries 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 retail bakeries in Illinois

$1.39M

Typical loan

range $500K–$1.88M

$1.54M

Est. purchase price

≈ loan ÷ 90%

$211,349

Cash to close

$154,056 down + fees

$17,941/mo

Typical payment

~9.5% · 10yr

$247,586/yr

Cash flow to qualify

≈ payment × 1.15 DSCR

41 days

Typical time to fund

Lenders competing

more = leverage

6.75%

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 in retail bakeries · Illinois

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

1.57 loans · $74M · Winston-Salem, NCFull record →

4+ funded Retail Bakeries 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.

Cocolate Baking LLC in Oak Park, IL — $500K (2025) · purchase · Truliant FCU
Program
Preferred Lenders Program
Rate at approval
10% variable
Term
120 mo (10 yrs)
SBA guaranteed
$375K (75%)
Approval → funding
11 days
Approved
9/19/2025
First disbursed
9/30/2025
Loan status
Current
Loan type
Term loan
Collateral
Required
Business type
Corporation
Secondary market
Loan sold to investors
Jobs supported
11
Business age
Change of Ownership
Industry
Retail Bakeries
If you were the buyer here
Est. deal size
$556K
Est. down payment (10%)
$56K
Est. cash at closing
$74K
Monthly payment
$6,608
Annual debt service
$79K
Cash flow needed (1.25×)
$99K
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 Truliant FCU · Lender record →
Your business? Claim this record · Request removal
HMLT CROSS GV, INC. in Glenview, IL — $1.9M (2022) · purchase · Woori America Bank
Program
Preferred Lenders Program
Rate at approval
5% variable
Term
120 mo (10 yrs)
SBA guaranteed
$1.4M (75%)
Approval → funding
108 days
Approved
5/27/2022
First disbursed
9/12/2022
Loan status
Current
Loan type
Term loan
Collateral
Required
Business type
Corporation
Secondary market
Loan sold to investors
Jobs supported
32
Business age
Change of Ownership
Industry
Retail Bakeries
If you were the buyer here
Est. deal size
$2.1M
Est. down payment (10%)
$208K
Est. cash at closing
$287K
Monthly payment
$19,887
Annual debt service
$239K
Cash flow needed (1.25×)
$298K
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 Woori America Bank · Lender record →
Your business? Claim this record · Request removal
Al-Amir Bakery, Inc. in Chicago, IL — $1.4M (2022) · purchase · BMO Bank National Association
Program
Preferred Lenders Program
Rate at approval
6% fixed
Term
119 months
SBA guaranteed
$1.0M (75%)
Approval → funding
15 days
Approved
3/22/2022
First disbursed
4/6/2022
Loan status
Current
Loan type
Term loan
Collateral
Required
Business type
Corporation
Jobs supported
9
Business age
Change of Ownership
Industry
Retail Bakeries
If you were the buyer here
Est. deal size
$1.5M
Est. down payment (10%)
$154K
Est. cash at closing
$211K
Monthly payment
$15,487
Annual debt service
$186K
Cash flow needed (1.25×)
$232K
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 BMO Bank National Association · Lender record →
Your business? Claim this record · Request removal
SAMMIE'S BAKERY, LLC in Manteno, IL — $50K (2021) · purchase · Midland States Bank
Program
SBA Express Program
Subprogram
FA$TRK (Small Loan Express)
Rate at approval
6% fixed
Term
84 mo (7 yrs)
SBA guaranteed
$38K (75%)
Approval → funding
41 days
Approved
8/5/2021
First disbursed
9/15/2021
Loan status
Current
Loan type
Term loan
Collateral
Required
Business type
Corporation
Jobs supported
7
Business age
Change of Ownership
Industry
Retail Bakeries
If you were the buyer here
Est. deal size
$56K
Est. down payment (10%)
$6K
Est. cash at closing
$7K
Monthly payment
$730
Annual debt service
$9K
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 Midland States Bank · Lender record →
Your business? Claim this record · Request removal

Financing a retail bakeries 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 retail bakeries businesses with a Illinois project address.

Agent summary

How to finance a retail bakeries 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. Truliant FCU funds the most here. CapBench is not a lender.

$451K typical loan
4 lenders active in Illinois
4+ funded Illinois deals
41 days typical to fund

Buyers buying a retail bakeries 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.

Next steps

Pre-qualify this deal Talk to a loan broker All retail bakeries lenders

Data freshness:: SBA records through 2026-05-31; FDIC through 2026-03-31; page updated 2026-06-24.
Sources:: Public SBA 7(a) loan records; FDIC institution data (BankFind); CapBench lender and franchise enrichment.
Canonical:: https://www.capbench.com/lenders/industry/retail-bakeries/illinois
API:: https://www.capbench.com/api/public/lenders?industry=retail-bakeries&state=IL
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.