Yes, but the loan may exceed the Act’s general lending limit (25% of the unimpaired capital and unimpaired surplus), up to a higher limit of 30% — provided that it is secured by readily marketable collateral with a market value at least equal to the amount in excess of the 25% limit.

For resources related to our guidance, please see below:

• Illinois Banking Act — 205 ILCS 5/32 (general lending limit provisions)