SBA Loans for NAICS 517 in Illinois: Top Lenders

NAICS 517

NAICS 517 covers wireless telecommunications carriers (except satellite) businesses in Illinois. Based on historical SBA 7(a) lending data.

Total Approvals

1

in Illinois

Median Loan Size

$18,200

per approval

Recent Activity

0

last 90 days through Feb 2020

NAICS 517 covers wireless telecommunications carriers (except satellite) businesses. This is a smaller category in SBA 7(a) lending with 1 approvals on record and a median loan size of $18,200.

Key trends & insights

  • NAICS 517 in Illinois loans skew smaller than the SBA average at $18,200 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 2020-02-28 — the SBA releases lending data on a quarterly lag, so recent activity may not yet be reflected.

Most active SBA lenders for NAICS 517 in Illinois

#LenderApprovalsMedian Size
11$18,200

Recent SBA 7(a) approvals for NAICS 517 in Illinois

MonthLenderBorrowerAmount
2020-02JPMorgan Chase Bank, National AssociationM &*****NC.$18,200

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

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