SBA Loans for Financial Transactions Processing in Illinois: Top Lenders
NAICS 522NAICS 522 covers financial transactions processing, reserve, and clearinghouse activiti businesses in Illinois. Based on historical SBA 7(a) lending data.
Total Approvals
2
in Illinois
Median Loan Size
$550,000
per approval
Recent Activity
0
last 90 days through Dec 2023
NAICS 522 covers financial transactions processing, reserve, and clearinghouse activiti businesses. This is a smaller category in SBA 7(a) lending with 2 approvals on record and a median loan size of $550,000.
Key trends & insights
- SBA data for this industry goes through 2023-12-21 — the SBA releases lending data on a quarterly lag, so recent activity may not yet be reflected.
Most active SBA lenders for Financial Transactions Processing in Illinois
| # | Lender | Approvals | Median Size |
|---|---|---|---|
| 1 | 1 | $950,000 | |
| 2 | 1 | $150,000 |
Recent SBA 7(a) approvals for Financial Transactions Processing in Illinois
| Month | Lender | Borrower | Location | Amount |
|---|---|---|---|---|
| 2023-12 | Colony Bank | Epi*****Inc | Brookfield, IL | $150,000 |
| 2021-05 | Newtek Small Business Finance, Inc. | CAL*****NC. | CHICAGO, IL | $950,000 |
Source: Historical SBA 7(a) lending records. Borrower names partially masked for privacy.
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