Lender intelligence
Financing a testing laboratories acquisition in Illinois
The SBA 7(a) lenders funding the most testing laboratories 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 testing laboratories in Illinois
$1.46M
Typical loan
range $1.46M–$1.46M
$1.62M
Est. purchase price
≈ loan ÷ 90%
$222,839
Cash to close
$162,333 down + fees
$18,905/mo
Typical payment
~9.5% · 10yr
$260,889/yr
Cash flow to qualify
≈ payment × 1.15 DSCR
3 days
Typical time to fund
1
Lenders competing
more = leverage
6%
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 testing laboratories · Illinois
Ranked by funded testing laboratories acquisitions in Illinois. Tap a lender for its full record, or hit Get in touch for an introduction.
Not enough public testing laboratories loan history in Illinois to rank lenders yet. See testing laboratories lenders nationwide →
1+ funded Testing Laboratories 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.
- Gaynes Lab Holdings, LLC in Wheeling, IL — $1.5M (2022) · purchase · CenTrust Bank, A Division of SmartBiz Bank National Association
- Program
- 7a General
- Rate at approval
- 6% variable
- Term
- 120 mo (10 yrs)
- SBA guaranteed
- $1.1M (75%)
- Approval → funding
- 3 days
- Approved
- 12/28/2021
- First disbursed
- 12/31/2021
- Loan status
- Paid in full (11/30/2025)
- Loan type
- Term loan
- Collateral
- Required
- Business type
- Corporation
- Secondary market
- Loan sold to investors
- Jobs supported
- 5
- Business age
- Change of Ownership
- Industry
- Testing Laboratories
If you were the buyer here
- Est. deal size
- $1.6M
- Est. down payment (10%)
- $162K
- Est. cash at closing
- $223K
- Monthly payment
- $16,220
- Annual debt service
- $195K
- Cash flow needed (1.25×)
- $243K
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 CenTrust Bank, A Division of SmartBiz Bank National Association · Lender record →
Your business? Claim this record · Request removal
Financing a testing laboratories deal in Illinois? Start with the right lender
We'll point you to the SBA lenders already funding your industry 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.
CapBench analysis of public SBA 7(a) lending records; ranked by funded acquisition loans to testing laboratories businesses with a Illinois project address.
Agent summary
How to finance a testing laboratories 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. CapBench is not a lender.
- $929K typical loan
- 1 lenders active in Illinois
- 1+ funded Illinois deals
- 3 days typical to fund
Buyers buying a testing laboratories 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 2026-06-17.
- 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.