SBA Loans for Motor Vehicle Towing in Illinois: Top Lenders
NAICS 488NAICS 488 covers motor vehicle towing businesses in Illinois. Based on historical SBA 7(a) lending data.
Total Approvals
19
in Illinois
Median Loan Size
$245,000
per approval
Recent Activity
2
last 90 days through Nov 2025
NAICS 488 covers motor vehicle towing businesses. This is a smaller category in SBA 7(a) lending with 19 approvals on record and a median loan size of $245,000.
Key trends & insights
- THE Huntington National Bank leads this industry with 4 approvals (21% market share) and a median loan of $79,000.
Most active SBA lenders for Motor Vehicle Towing in Illinois
| # | Lender | Approvals | Median Size |
|---|---|---|---|
| 1 | 4 | $79,000 | |
| 2 | 3 | $251,600 | |
| 3 | 2 | $1,875,000 | |
| 4 | 2 | $286,350 | |
| 5 | 2 | $1,750,000 | |
| 6 | 1 | $75,000 | |
| 7 | 1 | $342,200 | |
| 8 | 1 | $1,755,500 | |
| 9 | 1 | $150,000 | |
| 10 | 1 | $245,000 | |
| 11 | 1 | $55,000 |
Recent SBA 7(a) approvals for Motor Vehicle Towing in Illinois
| Month | Lender | Borrower | Location | Amount |
|---|---|---|---|---|
| 2025-12 | Lendistry SBLC, LLC | TRU*****NC. | Elgin, IL | $110,000 |
| 2025-11 | Heritage Bank Inc | Loa*****nc. | ROLLING MEADOWS, IL | $150,000 |
| 2025-11 | Fifth Third Bank | Q T*****INC | ORLAND PARK, IL | $82,000 |
| 2025-08 | Newtek Bank, National Association | Ers*****inc | Glenview, IL | $55,000 |
| 2025-04 | Byline Bank | UNI*****LLC | BENSENVILLE, IL | $3,450,000 |
| 2025-04 | Byline Bank | UNI*****LLC | BENSENVILLE, IL | $300,000 |
| 2025-04 | Northeast Bank | O &*****ANY | Tinley Park, IL | $40,000 |
| 2025-03 | U.S. Bank, National Association | Tra*****Inc | Sugar Grove, IL | $472,700 |
| 2025-03 | Northeast Bank | MID*****ION | Hoffman Estates, IL | $150,000 |
| 2025-03 | The Huntington National Bank | A2B*****Inc | PALOS HILLS, IL | $95,000 |
| 2025-03 | Northeast Bank | Mal*****llc | Chicago, IL | $20,000 |
| 2025-02 | Northeast Bank | FAR*****USA | Bedford Park, IL | $251,600 |
| 2025-01 | The Huntington National Bank | Kin*****Inc | PALATINE, IL | $46,000 |
| 2025-01 | The Huntington National Bank | On *****LLC | LA GRANGE, IL | $206,000 |
| 2025-01 | Fifth Third Bank | Cro*****nc. | CHICAGO, IL | $53,600 |
| 2024-12 | U.S. Bank, National Association | BLU*****LLC | JOLIET, IL | $43,000 |
| 2024-12 | Village Bank and Trust, National Association | Bel*****Inc | DES PLAINES, IL | $400,000 |
| 2024-12 | Live Oak Banking Company | Har*****nc. | WOOD DALE, IL | $3,000,000 |
| 2024-12 | Live Oak Banking Company | Har*****nc. | WOOD DALE, IL | $500,000 |
| 2024-12 | Northeast Bank | MID*****ION | Hoffman Estates, IL | $350,000 |
| 2024-12 | The Huntington National Bank | R&B*****LLC | BURBANK, IL | $75,000 |
| 2024-12 | Northeast Bank | LCT*****NC. | Rolling Meadows, IL | $500,000 |
| 2024-11 | Northeast Bank | FIV*****LLC | Deerfield, IL | $100,000 |
| 2024-11 | Northeast Bank | KDA*****LLC | Bartlett, IL | $50,000 |
| 2024-10 | Northeast Bank | DND*****LLC | Brookfield, IL | $150,000 |
| 2024-10 | The Huntington National Bank | MOL*****NC. | PLAINFIELD, IL | $100,000 |
| 2024-10 | The Huntington National Bank | Van****orp | STREAMWOOD, IL | $46,200 |
| 2024-08 | First Bank of the Lake | Sec*****nc. | ELK GROVE VILLAGE, IL | $150,000 |
| 2024-08 | PNC Bank, National Association | ROA*****LLC | PARK FOREST, IL | $60,000 |
| 2024-08 | U.S. Bank, National Association | A C*****LLC | BARTLETT, IL | $100,000 |
| 2024-07 | JPMorgan Chase Bank, National Association | VIC*****NC. | PALOS HILLS, IL | $60,000 |
| 2024-06 | Lendistry SBLC, LLC | TY *****NC. | GLENVIEW, IL | $31,100 |
| 2024-06 | Crystal Lake Bank & Trust Company, National Association | Whi*****nc. | CRYSTAL LAKE, IL | $342,200 |
| 2024-05 | JPMorgan Chase Bank, National Association | Adf****nc. | PALOS HILLS, IL | $500,000 |
| 2024-04 | JPMorgan Chase Bank, National Association | Tru*****nc. | CHICAGO, IL | $100,000 |
| 2024-04 | Old National Bank | Luc*****LLC | WOOD DALE, IL | $4,069,500 |
| 2024-04 | Old National Bank | Luc*****LLC | WOOD DALE, IL | $500,000 |
| 2024-02 | The Huntington National Bank | MVS*****ANY | ELGIN, IL | $80,000 |
| 2023-12 | The Huntington National Bank | Per*****LLC | LA GRANGE PARK, IL | $235,000 |
| 2023-11 | The Huntington National Bank | TRA*****INC | ELK GROVE VILLAGE, IL | $78,000 |
| 2023-10 | The Huntington National Bank | KIN*****NC. | Palatine, IL | $50,000 |
| 2023-07 | The Huntington National Bank | JTJ*****nc. | Calumet City, IL | $25,000 |
| 2023-06 | The Huntington National Bank | Voy*****nc. | Mundelein, IL | $135,000 |
| 2023-05 | BayFirst National Bank | RA***nc. | WOODSTOCK, IL | $150,000 |
| 2023-03 | The Huntington National Bank | Sup*****LTD | Calumet City, IL | $25,000 |
| 2023-03 | The Huntington National Bank | Sup*****LTD | Calumet City, IL | $6,700 |
| 2023-02 | The Huntington National Bank | Eth*****LLC | Des Plaines, IL | $257,300 |
| 2022-11 | Union National Bank | ARR*****NC. | ELK GROVE VILLAGE, IL | $465,300 |
| 2022-09 | CenTrust Bank, A Division of SmartBiz Bank National Associat | Ins*****LLC | Chicago, IL | $641,000 |
| 2022-08 | American Community Bank & Trust | Hel*****LLC | Chicago, IL | $500,000 |
Source: Historical SBA 7(a) lending records. Borrower names partially masked for privacy.
Save your lender shortlist & build your packet
Answer 2 more questions to refine your ranking and export a lender-ready packet.
Save & export my packet