SBA Loans for Electronics Stores in Illinois: Top Lenders

NAICS 443

NAICS 443 covers electronics stores businesses in Illinois. Based on historical SBA 7(a) lending data.

Total Approvals

3

in Illinois

Median Loan Size

$495,000

per approval

Recent Activity

0

last 90 days through Jun 2021

NAICS 443 covers electronics stores businesses. This is a smaller category in SBA 7(a) lending with 3 approvals on record and a median loan size of $495,000.

Key trends & insights

  • Electronics Stores in Illinois lending is concentrated — THE Huntington National Bank, Wells Fargo Bank, National Association, UMB Bank, National Association together account for 100% of all approvals. If you're in this industry, these are your highest-probability lenders.
  • THE Huntington National Bank leads this industry with 1 approvals (33% market share) and a median loan of $50,000.
  • SBA data for this industry goes through 2021-06-22 — the SBA releases lending data on a quarterly lag, so recent activity may not yet be reflected.

Most active SBA lenders for Electronics Stores in Illinois

#LenderApprovalsMedian Size
11$50,000
21$900,000
31$495,000

Recent SBA 7(a) approvals for Electronics Stores in Illinois

MonthLenderBorrowerAmount
2021-09Village Bank and Trust, National AssociationYAA*****LLC$2,074,000
2021-07Morton Community BankGOO*****INC$450,000
2021-06UMB Bank, National AssociationGUL*****CO.$495,000
2021-03Farmers State Bank of Alto Pass, IllinoisThe*****Inc$337,500
2021-03U.S. Bank, National AssociationRAY*****INC$544,500
2020-12The Huntington National BankGan*****nc.$295,000
2020-10The Huntington National BankMUS*****NC.$50,000
2020-08Wells Fargo Bank National AssociationADV*****LLC$900,000
2020-08Village Bank and Trust, National AssociationMY *****NC.$1,000,000
2020-06The Huntington National BankG7 *****nc.$50,000
2020-02U.S. Bank, National AssociationPEH*****INC$50,000
2019-12Village Bank and Trust, National AssociationYAA*****LLC$950,000
2019-10Village Bank and Trust, National AssociationMY *****NC.$2,000,000

Source: Historical SBA 7(a) lending records. Borrower names partially masked for privacy.

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