SBA Loans for Insurance Agencies and Brokerages in Illinois: Top Lenders
NAICS 524NAICS 524 covers insurance agencies and brokerages businesses in Illinois. Based on historical SBA 7(a) lending data.
Total Approvals
23
in Illinois
Median Loan Size
$277,000
per approval
Recent Activity
1
last 90 days through Aug 2025
NAICS 524 covers insurance agencies and brokerages businesses. This is a smaller category in SBA 7(a) lending with 23 approvals on record and a median loan size of $277,000.
Most active SBA lenders for Insurance Agencies and Brokerages in Illinois
| # | Lender | Approvals | Median Size |
|---|---|---|---|
| 1 | 3 | $438,000 | |
| 2 | 3 | $267,300 | |
| 3 | 2 | $1,212,000 | |
| 4 | 2 | $141,950 | |
| 5 | 1 | $200,000 | |
| 6 | 1 | $668,900 | |
| 7 | 1 | $310,000 | |
| 8 | 1 | $277,000 | |
| 9 | 1 | $132,000 | |
| 10 | 1 | $200,000 | |
| 11 | 1 | $342,000 | |
| 12 | 1 | $472,000 | |
| 13 | 1 | $350,000 | |
| 14 | 1 | $70,000 | |
| 15 | 1 | $570,000 | |
| 16 | 1 | $221,200 | |
| 17 | 1 | $150,000 |
Recent SBA 7(a) approvals for Insurance Agencies and Brokerages in Illinois
| Month | Lender | Borrower | Location | Amount |
|---|---|---|---|---|
| 2025-12 | U.S. Bank, National Association | REE*****INC | NAPERVILLE, IL | $20,400 |
| 2025-12 | Live Oak Banking Company | Jam*****LLC | BENSENVILLE, IL | $235,000 |
| 2025-12 | The Huntington National Bank | Cre*****nc. | CHICAGO, IL | $100,000 |
| 2025-11 | The Huntington National Bank | Cre*****nc. | CHICAGO, IL | $77,200 |
| 2025-11 | Northeast Bank | TAG*****LLC | Metamora, IL | $350,000 |
| 2025-09 | U.S. Bank, National Association | ROS*****LLC | EDWARDSVILLE, IL | $25,000 |
| 2025-09 | Newtek Bank, National Association | OSC*****INC | Richton Park, IL | $150,000 |
| 2025-09 | Associated Bank, National Association | Wal*****nc. | Warrenville, IL | $75,000 |
| 2025-09 | U.S. Bank, National Association | REE*****INC | NAPERVILLE, IL | $20,500 |
| 2025-09 | Bankwell Bank | Sch*****LLC | QUINCY, IL | $1,039,000 |
| 2025-08 | Northeast Bank | PAU*****INC | Berwyn, IL | $150,000 |
| 2025-08 | Live Oak Banking Company | Eli*****ica | EVERGREEN PARK, IL | $250,000 |
| 2025-07 | JPMorgan Chase Bank, National Association | Nor*****nc. | WILMETTE, IL | $25,000 |
| 2025-06 | Northeast Bank | All*****LLC | Lombard, IL | $85,000 |
| 2025-04 | U.S. Bank, National Association | SOT*****INC | STREAMWOOD, IL | $45,000 |
| 2025-03 | Northeast Bank | SAB*****NC. | Long Grove, IL | $50,000 |
| 2025-02 | Readycap Lending, LLC | JAM*****NCY | La Grange Park, IL | $50,000 |
| 2025-02 | U.S. Bank, National Association | MIC*****ENT | HOMER GLEN, IL | $100,000 |
| 2025-02 | The Huntington National Bank | MCK*****CO. | CHICAGO, IL | $100,000 |
| 2024-12 | The Huntington National Bank | Ris*****nc. | CHICAGO, IL | $350,000 |
| 2024-12 | U.S. Bank, National Association | MIK*****IAL | FLOSSMOOR, IL | $48,000 |
| 2024-11 | BayFirst National Bank | THO*****III | CHICAGO, IL | $133,900 |
| 2024-10 | The Huntington National Bank | Hel*****nc. | BENSENVILLE, IL | $60,000 |
| 2024-08 | Live Oak Banking Company | Nor*****LLC | SKOKIE, IL | $337,000 |
| 2024-08 | U.S. Bank, National Association | TLT*****LLC | CHICAGO, IL | $267,300 |
| 2024-06 | Live Oak Banking Company | Eli*****ica | EVERGREEN PARK, IL | $980,000 |
| 2024-06 | JPMorgan Chase Bank, National Association | Age*****Inc | NAPERVILLE, IL | $70,000 |
| 2024-04 | The Huntington National Bank | 222*****INC | CARPENTERSVILLE, IL | $68,000 |
| 2024-03 | PNC Bank, National Association | THE*****NC. | PALOS HEIGHTS, IL | $20,000 |
| 2024-02 | First Mid Bank & Trust, National Association | SMN*****Inc | GREENVILLE, IL | $200,000 |
| 2024-01 | Readycap Lending, LLC | Bri*****ncy | Calumet City, IL | $50,000 |
| 2023-11 | Midland States Bank | DAN*****NC. | SAINT CHARLES, IL | $201,600 |
| 2023-11 | Regions Bank | Unt*****LLC | WATERLOO, IL | $150,000 |
| 2023-10 | Bank of America, National Association | Dan*****nc. | VILLA PARK, IL | $250,000 |
| 2023-08 | Byline Bank | 4LJ*****NC. | Countryside, IL | $570,000 |
| 2023-08 | BayFirst National Bank | Tim*****Inc | ELMHURST, IL | $150,000 |
| 2023-07 | Bank of America, National Association | Ins*****nc. | CHICAGO, IL | $596,400 |
| 2023-06 | Village Bank and Trust, National Association | RIO*****INC | CHICAGO, IL | $373,900 |
| 2023-05 | Byline Bank | SEM*****LLC | WORTH, IL | $160,000 |
| 2023-01 | Fifth Third Bank | ATS*****LLC | CHICAGO, IL | $265,000 |
| 2023-01 | Morton Community Bank | El***ook | SPRINGFIELD, IL | $25,000 |
| 2023-01 | Peoples Bank & Trust | Bra*****ble | TAYLORVILLE, IL | $30,000 |
| 2022-12 | Live Oak Banking Company | Mys*****NC. | GLEN ELLYN, IL | $835,000 |
| 2022-09 | U.S. Bank, National Association | DER*****INC | CHICAGO, IL | $72,000 |
| 2022-08 | U.S. Bank, National Association | Mar*****nc. | CHICAGO, IL | $533,000 |
| 2022-07 | Readycap Lending, LLC | Zac*****eph | CHICAGO, IL | $99,000 |
| 2022-07 | U.S. Bank, National Association | HIN*****CES | OAK PARK, IL | $30,000 |
| 2022-06 | Live Oak Banking Company | RPC*****LLC | MCHENRY, IL | $310,000 |
| 2022-05 | Fifth Third Bank | LOC*****NC. | CHICAGO, IL | $350,000 |
| 2022-05 | Midland States Bank | DAN*****NC. | SUGAR GROVE, IL | $100,000 |
Source: Historical SBA 7(a) lending records. Borrower names partially masked for privacy.
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