SBA Loans for Jewelry Stores in Illinois: Top Lenders
NAICS 448NAICS 448 covers jewelry stores businesses in Illinois. Based on historical SBA 7(a) lending data.
Total Approvals
9
in Illinois
Median Loan Size
$100,000
per approval
Recent Activity
0
last 90 days through Aug 2022
NAICS 448 covers jewelry stores businesses. This is a smaller category in SBA 7(a) lending with 9 approvals on record and a median loan size of $100,000.
Key trends & insights
- Jewelry Stores in Illinois lending is concentrated — THE Huntington National Bank, Byline Bank, Newtek Small Business Finance, INC. together account for 56% of all approvals. If you're in this industry, these are your highest-probability lenders.
- THE Huntington National Bank leads this industry with 3 approvals (33% market share) and a median loan of $50,000.
- Jewelry Stores in Illinois loans skew smaller than the SBA average at $100,000 median (vs. ~$450,000 overall) — good news if you need a smaller amount and want to avoid lenders with high minimums.
- SBA data for this industry goes through 2022-08-23 — the SBA releases lending data on a quarterly lag, so recent activity may not yet be reflected.
Most active SBA lenders for Jewelry Stores in Illinois
| # | Lender | Approvals | Median Size |
|---|---|---|---|
| 1 | 3 | $50,000 | |
| 2 | 1 | $1,995,000 | |
| 3 | 1 | $25,000 | |
| 4 | 1 | $225,000 | |
| 5 | 1 | $120,000 | |
| 6 | 1 | $100,000 | |
| 7 | 1 | $100,000 |
Recent SBA 7(a) approvals for Jewelry Stores in Illinois
| Month | Lender | Borrower | Location | Amount |
|---|---|---|---|---|
| 2022-08 | Newtek Small Business Finance, Inc. | Am****rez | OREANA, IL | $25,000 |
| 2022-01 | Fifth Third Bank | Mat*****LLC | CHICAGO, IL | $225,000 |
| 2021-08 | First American Bank | Bra*****nc. | Hoffman Estates, IL | $100,000 |
| 2021-08 | Byline Bank | She*****Inc | Northbrook, IL | $1,995,000 |
| 2021-05 | The Huntington National Bank | E J*****lry | Chicago, IL | $50,000 |
| 2021-02 | Heartland Bank and Trust Company | Yal****LLC | MARYVILLE, IL | $120,000 |
| 2021-02 | Legence Bank | HLN*****LLC | Marion, IL | $100,000 |
| 2020-11 | The Huntington National Bank | Vic*****Inc | Palos Park, IL | $38,000 |
| 2020-11 | The Huntington National Bank | SCR*****NC. | Villa Park, IL | $121,000 |
| 2020-04 | Millennium Bank | EUR*****NC. | MOUNT PROSPECT, IL | $909,000 |
| 2019-12 | The Huntington National Bank | Vic*****Inc | Palos Park, IL | $61,000 |
Source: Historical SBA 7(a) lending records. Borrower names partially masked for privacy.
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