SBA by industry · IL

SBA lenders for auto repair shops in Illinois

54 lenders made 197 SBA loans to auto repair shops in Illinois in the 36 months ending September 30, 2026. U.S. Bank National Association made the most, with 32. The typical loan was about $250K.

Evidence
SBA 7(a) and 504 loans to auto repair shops in Illinois, NAICS 8111, excluding car washes
Data as of
SBA, September 30, 2026
Page last changed
November 12, 2026
Lenders on record
54
SBA FOIA,
SBA loans, 36 months
197
SBA FOIA,
7(a) net of cancelled; 504 funded first liens
Dollars, 36 months
$103M
SBA FOIA,
Last 12 months
69
SBA FOIA,

Cite this

Source: The Lender Report, SBA lenders for auto repair shops in Illinois, https://lender.report/sba-lenders-for/auto-repair/illinois/, data as of September 30, 2026.

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SBA lenders for auto repair shops in Illinois. Ordered by loans recorded in the place, then dollars, then name. Payment is not part of the order. First 25 of 54.
LenderKindBased inLoansDollars7(a)504Last 12 months
U.S. Bank National Association SBA 7(a) recordBankCincinnati, OH32$4.94M32010
The Huntington National Bank SBA 7(a) recordBankColumbus, OH26$6.42M2425
Newtek Bank, National Association SBA 7(a) recordBankMiami, FL17$2.88M1709
Live Oak Banking Company SBA 7(a) recordBankWilmington, NC13$13.7M1304
Byline Bank SBA 7(a) recordBankChicago, IL11$15.6M1013
Harvest Small Business Finance, LLC SBA 7(a) recordNon-bankLaguna Hills, CA7$10.4M703
Northeast Bank SBA 7(a) recordBankPortland, ME7$1.10M701
Barrington Bank & Trust Company, National Association SBA 7(a) recordBankBarrington, IL6$6.66M602
VelocitySBA, LLC SBA 7(a) recordNon-bankIrving, TX5$4.20M502
Schaumburg Bank & Trust Company, National Association SBA 7(a) recordBankSchaumburg, IL5$1.77M412
JPMorgan Chase Bank, National Association SBA 7(a) recordBankColumbus, OH4$1.76M310
Citizens Bank SBA 7(a) recordBankElizabethton, TN3$3.13M301
Bank of Hope SBA 7(a) recordBankLos Angeles, CA3$630K302
Fifth Third Bank, National Association SBA 7(a) recordBankCincinnati, OH3$590K302
BayFirst National Bank SBA 7(a) recordBankSaint Petersburg, FL3$350K300
Wheaton Bank & Trust, National Association SBA 7(a) recordBankWheaton, IL2$1.85M201
Old National Bank SBA 7(a) recordBankEvansville, IN2$1.73M110
PNC Bank, National Association SBA 7(a) recordBankWilmington, DE2$1.43M110
Fulton Bank, National Association SBA 7(a) recordBankLancaster, PA2$965K202
Hinsdale Bank & Trust Company, National Association SBA 7(a) recordBankHinsdale, IL2$820K111
St. Charles Bank & Trust Company, National Association SBA 7(a) recordBankSaint Charles, IL2$550K200
First Mid Bank & Trust, National Association SBA 7(a) recordBankMattoon, IL2$480K110
Bank of Belleville SBA 7(a) recordBankBelleville, IL2$400K202
Celtic Bank SBA 7(a) recordBankSalt Lake City, UT2$300K201
Bank of Springfield SBA 7(a) recordBankSpringfield, IL2$190K200
SBA FOIA,

Dollars are approval amounts, rounded to 2 significant figures per loan, net of cancelled approvals.

Detailed industries in this group in Illinois
IndustryLoans
General Automotive Repair122
Automotive Body, Paint, and Interior Repair and Maintenance42
All Other Automotive Repair and Maintenance14
Specialized Automotive Repair9
Automotive Oil Change and Lubrication Shops6
Automotive Glass Replacement Shops4
SBA FOIA,
SBA loans for auto repair shops in Illinois, by size
Loan sizeLoans
Under $150K74
$150K to $350K40
$350K to $1M53
$1M to $2.5M21
$2.5M or more7
SBA FOIA,
  • SBA lenders recorded 197 loans to auto repair shops totaling $103.2M in Illinois in the 36 months ending September 30, 2026, excluding cancelled approvals. SBA FOIA,
  • The typical loan was about $250K, with the middle half between $60K and $730K. SBA FOIA,
  • 177 were SBA 7(a) loans and 18 were SBA 504 first liens. SBA FOIA,
  • SBA 7(a) lenders reported a median initial rate of 9.75% on 177 loans. SBA FOIA,
  • The median term was 10 years. SBA FOIA,
  • Banks and savings institutions made 179 of the loans, credit unions 0, and non-banks 16. SBA FOIA,
  • The five most active lenders made 50.3% of the loans. SBA FOIA,
  • The three most active lenders were U.S. Bank National Association with 32, The Huntington National Bank with 26, and Newtek Bank, National Association with 17. SBA FOIA,
  • 74 of the loans were under $150K, and 28 were $1M or more. SBA FOIA,
  • 2 of these loans were made by lenders that have since merged or closed, that the file lists under a name with no lender record here, or that the loan tape shows only at a broader industry level. They are counted in the totals here and appear in no lender's row. SBA FOIA,
  • The SBA file shows 69 approvals of these loans dated in the 12 months to September 30, 2026, versus 80 in the 12 months before. Both counts leave out cancelled approvals and include 504 approvals not yet funded. SBA FOIA,
  • 25 of the 54 lenders are based in Illinois. The rest are based elsewhere, most often in Ohio, California and Florida. SBA FOIA,
  • The most common detailed industry in Illinois was General Automotive Repair, with 122 loans. SBA FOIA,

How this list is defined

Measure
SBA loans made to auto repair shops in Illinois
Period
October 2023 to September 2026
Formula
Count, by lender, of SBA 7(a) approvals and SBA 504 first liens located in Illinois, dated in the 36 months ending September 30, 2026 and not cancelled, whose NAICS code in the SBA file falls in NAICS 8111, excluding car washes.
Order
Largest first by loans in the state, then dollars, then name. Payment is not part of the order.
As of
September 30, 2026
Source
SBA FOIA
Changelog
  • : First published, with the data built on this date.

What we don't know

  • Whether any of these lenders is taking new SBA loans today, or how it would treat a business like yours.
  • Loans that were never completed. The SBA file lists approvals, and these pages leave out the ones it marks cancelled.
  • The borrower, the address and every term beyond rate and term. The public file does not show them.

Every loan counted here carried one of these NAICS codes in the SBA file, and the state of the loan is the state of the business. Loans are approvals, net of cancelled approvals. Lenders that merged or stopped filing are left out.

SBA does not require you to use an agent or broker for a loan application. SBA has not reviewed or endorsed this site.

Source and date appear beside each figure. Banks report balances, not loans made. Loans made come only from HMDA and SBA files. We do not audit filings and can make errors joining them. Report a problem

Figures come from public records and show the source and date beside them. Public records can be late, incomplete or wrong. A past loan does not mean a lender will make the same kind of loan today. Confirm anything important with the lender.