SBA Loans for Jewelry Stores in Illinois: Top Lenders

NAICS 448

NAICS 448 covers jewelry stores businesses in Illinois. Based on historical SBA 7(a) lending data.

Total Approvals

9

in Illinois

Median Loan Size

$100,000

per approval

Recent Activity

0

last 90 days through Aug 2022

NAICS 448 covers jewelry stores businesses. This is a smaller category in SBA 7(a) lending with 9 approvals on record and a median loan size of $100,000.

Key trends & insights

  • Jewelry Stores in Illinois lending is concentrated — THE Huntington National Bank, Byline Bank, Newtek Small Business Finance, INC. together account for 56% of all approvals. If you're in this industry, these are your highest-probability lenders.
  • THE Huntington National Bank leads this industry with 3 approvals (33% market share) and a median loan of $50,000.
  • Jewelry Stores in Illinois loans skew smaller than the SBA average at $100,000 median (vs. ~$450,000 overall) — good news if you need a smaller amount and want to avoid lenders with high minimums.
  • SBA data for this industry goes through 2022-08-23 — the SBA releases lending data on a quarterly lag, so recent activity may not yet be reflected.

Most active SBA lenders for Jewelry Stores in Illinois

#LenderApprovalsMedian Size
13$50,000
21$1,995,000
31$25,000
41$225,000
51$120,000
61$100,000
71$100,000

Recent SBA 7(a) approvals for Jewelry Stores in Illinois

MonthLenderBorrowerAmount
2022-08Newtek Small Business Finance, Inc.Am****rez$25,000
2022-07U.S. Bank, National AssociationDyn*****LLC$330,000
2022-06U.S. Bank, National AssociationLUX*****LTD$46,100
2022-01Fifth Third BankMat*****LLC$225,000
2022-01The Huntington National BankMar*****nc.$421,000
2022-01Byline BankEUR*****NC.$1,171,500
2021-10Byline BankSox*****LLC$2,555,000
2021-10The First National Bank of WaterlooCod*****ted$20,000
2021-09The Huntington National BankJOH*****LLC$47,600
2021-09The Huntington National BankJOH*****LLC$87,000
2021-09Bank of SpringfieldHan*****LLC$50,000
2021-08Legence BankSpi*****nc.$65,000
2021-08First American BankBra*****nc.$100,000
2021-08Byline BankShe*****Inc$1,995,000
2021-07Hanmi BankT &*****Inc$450,000
2021-06The Huntington National BankBes*****nc.$50,000
2021-05The Huntington National BankE J*****lry$50,000
2021-04The Huntington National BankUNI*****NC.$14,000
2021-02Justine Petersen Housing & Reinvestment CorporationCoo*****LLC$41,600
2021-02Heartland Bank and Trust CompanyYal****LLC$120,000
2021-02Legence BankHLN*****LLC$100,000
2020-12Morton Community BankSte*****ams$125,000
2020-12Byline BankEUR*****NC.$500,000
2020-11The Huntington National BankVic*****Inc$38,000
2020-11The Huntington National BankSCR*****NC.$121,000
2020-08The Huntington National BankMil*****Inc$50,000
2020-04Millennium BankEUR*****NC.$909,000
2020-04Five Star BankJOS*****NC.$325,000
2019-12The Huntington National BankVic*****Inc$25,000
2019-12The Huntington National BankVic*****Inc$61,000
2019-11Community State BankLyn*****lis$68,400
2019-11The Huntington National BankMIA*****NC.$10,000
2019-10Fifth Third BankGab*****elo$33,000

Source: Historical SBA 7(a) lending records. Borrower names partially masked for privacy.

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