SBA Loans for Dance Companies in Illinois: Top Lenders
NAICS 711NAICS 711 covers dance companies businesses in Illinois. Based on historical SBA 7(a) lending data.
Total Approvals
9
in Illinois
Median Loan Size
$40,000
per approval
Recent Activity
0
last 90 days through Jan 2025
NAICS 711 covers dance companies businesses. This is a smaller category in SBA 7(a) lending with 9 approvals on record and a median loan size of $40,000.
Key trends & insights
- Dance Companies in Illinois lending is concentrated — THE Huntington National Bank, Northeast Bank, THE First National Bank OF Waterloo 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 2 approvals (22% market share) and a median loan of $25,000.
- Dance Companies in Illinois loans skew smaller than the SBA average at $40,000 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 2025-01-14 — the SBA releases lending data on a quarterly lag, so recent activity may not yet be reflected.
Most active SBA lenders for Dance Companies in Illinois
| # | Lender | Approvals | Median Size |
|---|---|---|---|
| 1 | 2 | $25,000 | |
| 2 | 2 | $63,650 | |
| 3 | 1 | $25,000 | |
| 4 | 1 | $297,000 | |
| 5 | 1 | $40,000 | |
| 6 | 1 | $300,000 | |
| 7 | 1 | $100,000 |
Recent SBA 7(a) approvals for Dance Companies in Illinois
| Month | Lender | Borrower | Location | Amount |
|---|---|---|---|---|
| 2025-01 | Northeast Bank | YVE*****LLC | Chicago, IL | $92,300 |
| 2024-11 | Newtek Bank, National Association | LG *****LLC | CHICAGO, IL | $40,000 |
| 2024-11 | Northeast Bank | DJL*****LLC | CHICAGO, IL | $35,000 |
| 2024-08 | Newtek Bank, National Association | DJL*****ent | CHICAGO, IL | $30,000 |
| 2024-01 | Legence Bank | LMR*****ons | Woodlawn, IL | $100,000 |
| 2023-08 | The Huntington National Bank | Jab*****nc. | North Riverside, IL | $15,000 |
| 2023-08 | The Huntington National Bank | Jab*****nc. | North Riverside, IL | $35,000 |
| 2023-07 | Cadence Bank | LUX*****LLC | CHICAGO, IL | $300,000 |
| 2022-07 | Morton Community Bank | MMS*****LLC | Rantoul, IL | $531,000 |
| 2021-12 | State Bank of the Lakes, National Association | WRI*****NC. | DEERFIELD, IL | $217,000 |
| 2021-08 | First Mid Bank & Trust, National Association | CC****LLC | HIGHLAND, IL | $297,000 |
| 2021-07 | The First National Bank of Waterloo | Eve*****LLC | COLUMBIA, IL | $25,000 |
Source: Historical SBA 7(a) lending records. Borrower names partially masked for privacy.
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