SBA Loans for Taxi Service in Illinois: Top Lenders
NAICS 485NAICS 485 covers taxi service businesses in Illinois. Based on historical SBA 7(a) lending data.
Total Approvals
9
in Illinois
Median Loan Size
$141,300
per approval
Recent Activity
2
last 90 days through Nov 2025
NAICS 485 covers taxi service businesses. This is a smaller category in SBA 7(a) lending with 9 approvals on record and a median loan size of $141,300.
Key trends & insights
- Taxi Service in Illinois lending is concentrated — THE Huntington National Bank, U.s. Bank, National Association, Bayfirst National Bank together account for 67% 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 $80,000.
- Taxi Service in Illinois loans skew smaller than the SBA average at $141,300 median (vs. ~$450,000 overall) — good news if you need a smaller amount and want to avoid lenders with high minimums.
Most active SBA lenders for Taxi Service in Illinois
| # | Lender | Approvals | Median Size |
|---|---|---|---|
| 1 | 3 | $80,000 | |
| 2 | 2 | $1,410,300 | |
| 3 | 1 | $150,000 | |
| 4 | 1 | $50,000 | |
| 5 | 1 | $67,500 | |
| 6 | 1 | $307,600 |
Recent SBA 7(a) approvals for Taxi Service in Illinois
| Month | Lender | Borrower | Location | Amount |
|---|---|---|---|---|
| 2025-11 | The Huntington National Bank | LA *****ANY | CALUMET CITY, IL | $49,000 |
| 2025-08 | The Huntington National Bank | Rob*****ice | LOMBARD, IL | $141,300 |
| 2023-11 | U.S. Bank, National Association | TOP*****CO. | WAUKEGAN, IL | $350,000 |
| 2023-11 | U.S. Bank, National Association | Top*****NC. | WAUKEGAN, IL | $2,470,600 |
| 2023-04 | First Mid Bank & Trust, National Association | Ova*****ces | DECATUR, IL | $67,500 |
| 2022-08 | BayFirst National Bank | EXP*****NC. | CHICAGO, IL | $150,000 |
| 2022-07 | The Huntington National Bank | Had*****Inc | Chicago, IL | $80,000 |
| 2022-05 | CRF Small Business Loan Company, LLC | Saf*****nc. | CHICAGO, IL | $307,600 |
| 2022-03 | Newtek Small Business Finance, Inc. | SHI*****NC. | CHICAGO RIDGE, IL | $50,000 |
| 2020-07 | U.S. Bank, National Association | A2B*****INC | CHICAGO, IL | $12,400 |
Source: Historical SBA 7(a) lending records. Borrower names partially masked for privacy.
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