SBA Loans for Electronics Stores in Illinois: Top Lenders
NAICS 443NAICS 443 covers electronics stores businesses in Illinois. Based on historical SBA 7(a) lending data.
Total Approvals
3
in Illinois
Median Loan Size
$495,000
per approval
Recent Activity
0
last 90 days through Jun 2021
NAICS 443 covers electronics stores businesses. This is a smaller category in SBA 7(a) lending with 3 approvals on record and a median loan size of $495,000.
Key trends & insights
- Electronics Stores in Illinois lending is concentrated — THE Huntington National Bank, Wells Fargo Bank, National Association, UMB Bank, National Association together account for 100% of all approvals. If you're in this industry, these are your highest-probability lenders.
- THE Huntington National Bank leads this industry with 1 approvals (33% market share) and a median loan of $50,000.
- SBA data for this industry goes through 2021-06-22 — the SBA releases lending data on a quarterly lag, so recent activity may not yet be reflected.
Most active SBA lenders for Electronics Stores in Illinois
| # | Lender | Approvals | Median Size |
|---|---|---|---|
| 1 | 1 | $50,000 | |
| 2 | 1 | $900,000 | |
| 3 | 1 | $495,000 |
Recent SBA 7(a) approvals for Electronics Stores in Illinois
| Month | Lender | Borrower | Location | Amount |
|---|---|---|---|---|
| 2021-06 | UMB Bank, National Association | GUL*****CO. | ROCKFORD, IL | $495,000 |
| 2020-10 | The Huntington National Bank | MUS*****NC. | Skokie, IL | $50,000 |
| 2020-08 | Wells Fargo Bank National Association | ADV*****LLC | SCHAUMBURG, IL | $900,000 |
Source: Historical SBA 7(a) lending records. Borrower names partially masked for privacy.
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