SBA Loans for NAICS 532 in Illinois: Top Lenders
NAICS 532NAICS 532 covers passenger car rental businesses in Illinois. Based on historical SBA 7(a) lending data.
Total Approvals
16
in Illinois
Median Loan Size
$150,000
per approval
Recent Activity
0
last 90 days through Feb 2025
NAICS 532 covers passenger car rental businesses. This is a smaller category in SBA 7(a) lending with 16 approvals on record and a median loan size of $150,000.
Key trends & insights
- Bayfirst National Bank leads this industry with 3 approvals (19% market share) and a median loan of $63,000.
- NAICS 532 in Illinois loans skew smaller than the SBA average at $150,000 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 NAICS 532 in Illinois
| # | Lender | Approvals | Median Size |
|---|---|---|---|
| 1 | 3 | $63,000 | |
| 2 | 2 | $175,000 | |
| 3 | 2 | $49,300 | |
| 4 | 1 | $306,400 | |
| 5 | 1 | $352,000 | |
| 6 | 1 | $12,000 | |
| 7 | 1 | $50,000 | |
| 8 | 1 | $200,000 | |
| 9 | 1 | $1,200,000 | |
| 10 | 1 | $343,000 | |
| 11 | 1 | $488,000 | |
| 12 | 1 | $25,000 |
Recent SBA 7(a) approvals for NAICS 532 in Illinois
| Month | Lender | Borrower | Location | Amount |
|---|---|---|---|---|
| 2025-04 | Harvest Small Business Finance, LLC | Imp*****ash | GURNEE, IL | $630,000 |
| 2025-02 | Readycap Lending, LLC | The*****LLC | calumet city, IL | $50,000 |
| 2025-02 | First Mid Bank & Trust, National Association | Wal*****nc. | MATTOON, IL | $352,000 |
| 2024-11 | Newtek Bank, National Association | Dis*****orp | Aurora, IL | $250,000 |
| 2024-11 | Northeast Bank | AME*****.C. | Belleville, IL | $50,000 |
| 2024-08 | U.S. Bank, National Association | RJM*****LLC | LOMBARD, IL | $12,000 |
| 2024-08 | Northeast Bank | DRI*****INC | Chicago, IL | $48,600 |
| 2024-08 | BMO Bank National Association | M.S*****nc. | PALATINE, IL | $343,000 |
| 2024-07 | Newtek Bank, National Association | Du*** | Galesburg, IL | $100,000 |
| 2024-02 | BayFirst National Bank | BOA*****LLC | WATERMAN, IL | $57,000 |
| 2024-02 | 1st Source Bank | FMS*****LLC | LINCOLNSHIRE, IL | $200,000 |
| 2023-08 | Midland States Bank | ASH*****LLC | WHEATON, IL | $25,000 |
| 2023-03 | BayFirst National Bank | Twe*****nc. | MUNDELEIN, IL | $350,000 |
| 2023-02 | BayFirst National Bank | BOA*****LLC | WATERMAN, IL | $63,000 |
| 2022-03 | Newtek Small Business Finance, Inc. | LEA*****LLC | ROSELLE, IL | $306,400 |
| 2021-06 | Cadence Bank | Bha*****LLC | OAK BROOK, IL | $1,200,000 |
| 2021-03 | Village Bank and Trust, National Association | Bra*****LLC | ISLAND LAKE, IL | $488,000 |
Source: Historical SBA 7(a) lending records. Borrower names partially masked for privacy.
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