SBA Loans for Boat Dealers in Illinois: Top Lenders
NAICS 441NAICS 441 covers boat dealers businesses in Illinois. Based on historical SBA 7(a) lending data.
Total Approvals
10
in Illinois
Median Loan Size
$435,000
per approval
Recent Activity
1
last 90 days through Jun 2025
NAICS 441 covers boat dealers businesses. This is a smaller category in SBA 7(a) lending with 10 approvals on record and a median loan size of $435,000.
Key trends & insights
- Northeast Bank leads this industry with 2 approvals (20% market share) and a median loan of $200,000.
Most active SBA lenders for Boat Dealers in Illinois
| # | Lender | Approvals | Median Size |
|---|---|---|---|
| 1 | 2 | $200,000 | |
| 2 | 1 | $500,000 | |
| 3 | 1 | $150,000 | |
| 4 | 1 | $2,363,500 | |
| 5 | 1 | $470,000 | |
| 6 | 1 | $380,000 | |
| 7 | 1 | $668,000 | |
| 8 | 1 | $644,000 | |
| 9 | 1 | $400,000 |
Recent SBA 7(a) approvals for Boat Dealers in Illinois
| Month | Lender | Borrower | Location | Amount |
|---|---|---|---|---|
| 2025-06 | Northeast Bank | Inf*****LLC | Glendale Heights, IL | $350,000 |
| 2025-02 | Newtek Bank, National Association | Fre*****LLC | North Aurora, IL | $400,000 |
| 2024-03 | Old Second National Bank | Per*****LLC | Yorkville, IL | $470,000 |
| 2024-02 | Northeast Bank | GIZ*****NC. | ALSIP, IL | $50,000 |
| 2024-02 | Hanover Community Bank | ALL*****NC. | Palatine, IL | $500,000 |
| 2024-01 | BayFirst National Bank | DMA*****nc. | BLOOMINGDALE, IL | $150,000 |
| 2022-08 | Midland States Bank | PEN*****LLC | SALEM, IL | $2,363,500 |
| 2021-12 | Bank of Springfield | D &*****Inc | SPRINGFIELD, IL | $182,200 |
| 2021-02 | Banterra Bank | Har*****nc. | De Soto, IL | $668,000 |
| 2020-08 | Community First Bank of the Heartland | Lit*****ars | SALEM, IL | $644,000 |
| 2020-07 | Morton Community Bank | Ste*****Inc | FAIRBURY, IL | $40,000 |
| 2020-04 | First Mid Bank & Trust, National Association | SSK*****LLC | Carmi, IL | $574,200 |
| 2020-04 | Village Bank and Trust, National Association | 324*****LLC | JOLIET, IL | $380,000 |
Source: Historical SBA 7(a) lending records. Borrower names partially masked for privacy.
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