SBA Loans for Boat Dealers in Illinois: Top Lenders
NAICS 441NAICS 441 covers boat dealers businesses in Illinois. Based on historical SBA 7(a) lending data.
Total Approvals
10
in Illinois
Median Loan Size
$435,000
per approval
Recent Activity
1
last 90 days through Jun 2025
NAICS 441 covers boat dealers businesses. This is a smaller category in SBA 7(a) lending with 10 approvals on record and a median loan size of $435,000.
Key trends & insights
- Northeast Bank leads this industry with 2 approvals (20% market share) and a median loan of $200,000.
Most active SBA lenders for Boat Dealers in Illinois
| # | Lender | Approvals | Median Size |
|---|---|---|---|
| 1 | 2 | $200,000 | |
| 2 | 1 | $500,000 | |
| 3 | 1 | $150,000 | |
| 4 | 1 | $2,363,500 | |
| 5 | 1 | $470,000 | |
| 6 | 1 | $380,000 | |
| 7 | 1 | $668,000 | |
| 8 | 1 | $644,000 | |
| 9 | 1 | $400,000 |
Recent SBA 7(a) approvals for Boat Dealers in Illinois
| Month | Lender | Borrower | Location | Amount |
|---|---|---|---|---|
| 2025-11 | The Huntington National Bank | Chi*****LLC | ADDISON, IL | $300,000 |
| 2025-11 | U.S. Bank, National Association | Kin*****rp. | EVERGREEN PARK, IL | $50,000 |
| 2025-11 | Northeast Bank | Coo*****LLC | Glen Carbon, IL | $156,200 |
| 2025-09 | U.S. Bank, National Association | KIN*****ION | CHICAGO, IL | $25,000 |
| 2025-06 | Northeast Bank | Inf*****LLC | Glendale Heights, IL | $350,000 |
| 2025-02 | Newtek Bank, National Association | Fre*****LLC | North Aurora, IL | $400,000 |
| 2025-01 | Heritage Bank Inc | LAK*****ORS | LAKEMOOR, IL | $150,000 |
| 2025-01 | Newtek Bank, National Association | How*****LLC | Spring Grove, IL | $250,000 |
| 2024-11 | The Huntington National Bank | Kha*****nc. | TINLEY PARK, IL | $95,000 |
| 2024-11 | First American Bank | XCH*****LLC | WASHINGTON, IL | $1,000,000 |
| 2024-10 | Northeast Bank | CHI*****NC. | Summit, IL | $500,000 |
| 2024-10 | VelocitySBA, LLC | Pri*****LLC | LONG GROVE, IL | $327,000 |
| 2024-09 | Cadence Bank | ILL*****LLC | SEYMOUR, IL | $120,000 |
| 2024-07 | U.S. Bank, National Association | Bud*****nc. | SUMMIT ARGO, IL | $305,500 |
| 2024-07 | U.S. Bank, National Association | Bud*****nc. | SUMMIT, IL | $152,000 |
| 2024-04 | U.S. Bank, National Association | BUR*****LLC | DIXON, IL | $32,400 |
| 2024-03 | Old Second National Bank | Per*****LLC | Yorkville, IL | $470,000 |
| 2024-03 | Newtek Bank, National Association | Bus*****ood | CRESTWOOD, IL | $250,000 |
| 2024-02 | Northeast Bank | GIZ*****NC. | ALSIP, IL | $50,000 |
| 2024-02 | BayFirst National Bank | ELB*****LLC | SAINT CHARLES, IL | $150,000 |
| 2024-02 | Hanover Community Bank | ALL*****NC. | Palatine, IL | $500,000 |
| 2024-02 | Celtic Bank Corporation | GRA*****LLC | DWIGHT, IL | $3,757,000 |
| 2024-01 | BayFirst National Bank | DMA*****nc. | BLOOMINGDALE, IL | $150,000 |
| 2023-06 | BMO Bank National Association | Val*****LLC | Palatine, IL | $3,786,000 |
| 2023-06 | Live Oak Banking Company | Nis*****LLC | GALESBURG, IL | $5,000,000 |
| 2023-04 | Everwise Credit Union | Blu*****LLC | HAMEL, IL | $2,835,000 |
| 2023-04 | Everwise Credit Union | Blu*****LLC | HAMEL, IL | $2,165,000 |
| 2022-08 | Midland States Bank | PEN*****LLC | SALEM, IL | $2,363,500 |
| 2022-03 | JPMorgan Chase Bank, National Association | Do *****LLP | LEMONT, IL | $450,000 |
| 2022-03 | American Community Bank & Trust | The*****ein | Barrington, IL | $350,000 |
| 2021-12 | Bank of Springfield | D &*****Inc | SPRINGFIELD, IL | $182,200 |
| 2021-10 | The Harvard State Bank | Har*****LLC | Harvard, IL | $4,995,300 |
| 2021-09 | The Harvard State Bank | Har*****LLC | Harvard, IL | $4,491,100 |
| 2021-09 | Lake Forest Bank & Trust Company, National Association | Wau*****nc. | PARK CITY, IL | $342,000 |
| 2021-09 | Libertyville Bank & Trust Company, National Association | ROA*****LLC | ROLLING MEADOWS, IL | $550,000 |
| 2021-09 | Libertyville Bank & Trust Company, National Association | ROA*****LLC | ROLLING MEADOWS, IL | $360,000 |
| 2021-09 | Live Oak Banking Company | Gal*****kin | PEKIN, IL | $5,000,000 |
| 2021-07 | First Internet Bank of Indiana | Spo*****nc. | NAPERVILLE, IL | $745,000 |
| 2021-07 | U.S. Bank, National Association | JL *****LLC | CHICAGO, IL | $688,500 |
| 2021-06 | Community First Bank of the Heartland | Lit*****Ltd | Salem, IL | $3,475,000 |
| 2021-03 | Byline Bank | Tru*****ted | ELK GROVE VILLAGE, IL | $4,500,000 |
| 2021-03 | Harvest Small Business Finance, LLC | MOR*****INC | MAYWOOD, IL | $255,000 |
| 2021-03 | First Mid Bank & Trust, National Association | ADV*****INC | LOVES PARK, IL | $15,000 |
| 2021-03 | First Mid Bank & Trust, National Association | ADV*****INC | LOVES PARK, IL | $120,000 |
| 2021-02 | Banterra Bank | Har*****nc. | De Soto, IL | $668,000 |
| 2020-08 | Community First Bank of the Heartland | Lit*****ars | SALEM, IL | $644,000 |
| 2020-07 | Morton Community Bank | Ste*****Inc | FAIRBURY, IL | $40,000 |
| 2020-04 | First Mid Bank & Trust, National Association | SSK*****LLC | Carmi, IL | $574,200 |
| 2020-04 | Village Bank and Trust, National Association | 324*****LLC | JOLIET, IL | $380,000 |
| 2020-04 | Harvest Small Business Finance, LLC | AMB*****NC. | CHICAGO, IL | $113,000 |
Source: Historical SBA 7(a) lending records. Borrower names partially masked for privacy.
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