--- title: SBA 7(a) Lenders in Illinois: 234 Made Loans in 3 Years url: https://lender.report/sba-7a-lenders/illinois/ license: https://lender.report/license/ --- SBA 7(a) ยท IL # SBA 7(a) lenders in Illinois 234 lenders made at least one SBA 7(a) loan in Illinois in the 36 months ending September 30, 2026. The Huntington National Bank made the most, with 1,476 of the 6,009 on record. **Evidence** Lender recorded at least one SBA 7(a) loan to a business in Illinois in the 36 months ending September 30, 2026 **Data as of** SBA, September 30, 2026 **Page last changed** November 11, 2026 **Lenders on record** 234 SBA FOIA, Sep 30, 2026 **Loans, 36 months** 6,009 SBA FOIA, Sep 30, 2026 Approvals, net of cancelled **Dollars, 36 months** $3.12B SBA FOIA, Sep 30, 2026 **Approvals, last 12 months** 1,476 SBA FOIA, Sep 30, 2026 -35.9% from the prior 12 months Cite this Source: The Lender Report, SBA 7(a) lenders in Illinois, https://lender.report/sba-7a-lenders/illinois/, data as of September 30, 2026. ## Describe a deal in Illinois See which of these lenders made loans like yours, at your size and in your place. No account and no form. [Show SBA 7(a) loans in Illinois](https://lender.report/comps/?lane=sba_7a&state=IL)[On this list? Find your page](https://lender.report/for-lenders/?from=market) | Lender | Kind | Based in | Loans | Dollars | | --- | --- | --- | --- | --- | | [The Huntington National Bank](https://lender.report/lender/huntington-national-bank-oh/) [SBA 7(a) record](https://lender.report/lender/huntington-national-bank-oh/sba-7a/) | Bank | Columbus, OH | 1,476 | $314M | | [U.S. Bank National Association](https://lender.report/lender/u-s-bank-oh/) [SBA 7(a) record](https://lender.report/lender/u-s-bank-oh/sba-7a/) | Bank | Cincinnati, OH | 483 | $108M | | [JPMorgan Chase Bank, National Association](https://lender.report/lender/jpmorgan-chase-bank-oh/) [SBA 7(a) record](https://lender.report/lender/jpmorgan-chase-bank-oh/sba-7a/) | Bank | Columbus, OH | 264 | $70.1M | | [Northeast Bank](https://lender.report/lender/northeast-bank-me/) [SBA 7(a) record](https://lender.report/lender/northeast-bank-me/sba-7a/) | Bank | Portland, ME | 260 | $39.1M | | [Byline Bank](https://lender.report/lender/byline-bank-il/) [SBA 7(a) record](https://lender.report/lender/byline-bank-il/sba-7a/) | Bank | Chicago, IL | 240 | $310M | | [Newtek Bank, National Association](https://lender.report/lender/newtek-bank-fl/) [SBA 7(a) record](https://lender.report/lender/newtek-bank-fl/sba-7a/) | Bank | Miami, FL | 235 | $76.7M | | [Readycap Lending, LLC](https://lender.report/lender/readycap-lending-nj/) [SBA 7(a) record](https://lender.report/lender/readycap-lending-nj/sba-7a/) | Non-bank | Berkeley Heights, NJ | 195 | $57.8M | | [BayFirst National Bank](https://lender.report/lender/bayfirst-national-bank-fl/) [SBA 7(a) record](https://lender.report/lender/bayfirst-national-bank-fl/sba-7a/) | Bank | Saint Petersburg, FL | 159 | $21.9M | | [Live Oak Banking Company](https://lender.report/lender/live-oak-banking-nc/) [SBA 7(a) record](https://lender.report/lender/live-oak-banking-nc/sba-7a/) | Bank | Wilmington, NC | 149 | $176M | | [Lendistry SBLC, LLC](https://lender.report/lender/lendistry-sblc-ca/) [SBA 7(a) record](https://lender.report/lender/lendistry-sblc-ca/sba-7a/) | Non-bank | Los Angeles, CA | 125 | $27.8M | | [Celtic Bank](https://lender.report/lender/celtic-bank-ut/) [SBA 7(a) record](https://lender.report/lender/celtic-bank-ut/sba-7a/) | Bank | Salt Lake City, UT | 90 | $34.1M | | [Fifth Third Bank, National Association](https://lender.report/lender/fifth-third-bank-oh/) [SBA 7(a) record](https://lender.report/lender/fifth-third-bank-oh/sba-7a/) | Bank | Cincinnati, OH | 87 | $29.9M | | [Village Bank and Trust, National Association](https://lender.report/lender/village-bank-and-trust-il/) [SBA 7(a) record](https://lender.report/lender/village-bank-and-trust-il/sba-7a/) | Bank | Arlington Heights, IL | 82 | $52.0M | | [PNC Bank, National Association](https://lender.report/lender/pnc-bank-de/) [SBA 7(a) record](https://lender.report/lender/pnc-bank-de/sba-7a/) | Bank | Wilmington, DE | 78 | $20.2M | | [Bank of Springfield](https://lender.report/lender/bank-of-springfield-il/) [SBA 7(a) record](https://lender.report/lender/bank-of-springfield-il/sba-7a/) | Bank | Springfield, IL | 77 | $18.5M | | [SmartBiz Bank, National Association](https://lender.report/lender/smartbiz-bank-il/) [SBA 7(a) record](https://lender.report/lender/smartbiz-bank-il/sba-7a/) | Bank | Northbrook, IL | 76 | $47.6M | | [Old National Bank](https://lender.report/lender/old-national-bank-in/) [SBA 7(a) record](https://lender.report/lender/old-national-bank-in/sba-7a/) | Bank | Evansville, IN | 69 | $92.9M | | [St. Charles Bank & Trust Company, National Association](https://lender.report/lender/st-charles-bank-and-trust-il/) [SBA 7(a) record](https://lender.report/lender/st-charles-bank-and-trust-il/sba-7a/) | Bank | Saint Charles, IL | 65 | $42.9M | | [Bank of America, National Association](https://lender.report/lender/bank-of-america-nc/) [SBA 7(a) record](https://lender.report/lender/bank-of-america-nc/sba-7a/) | Bank | Charlotte, NC | 60 | $27.7M | | [Harvest Small Business Finance, LLC](https://lender.report/lender/harvest-small-business-finance-ca/) [SBA 7(a) record](https://lender.report/lender/harvest-small-business-finance-ca/sba-7a/) | Non-bank | Laguna Hills, CA | 58 | $56.8M | | [United Midwest Savings Bank, National Association](https://lender.report/lender/united-midwest-savings-bank-oh/) [SBA 7(a) record](https://lender.report/lender/united-midwest-savings-bank-oh/sba-7a/) | Bank | Degraff, OH | 58 | $20.9M | | [Midland States Bank](https://lender.report/lender/midland-states-bank-il/) [SBA 7(a) record](https://lender.report/lender/midland-states-bank-il/sba-7a/) | Bank | Effingham, IL | 49 | $25.8M | | [Merchants Bank of Indiana](https://lender.report/lender/merchants-bank-of-indiana-in/) [SBA 7(a) record](https://lender.report/lender/merchants-bank-of-indiana-in/sba-7a/) | Bank | Carmel, IN | 43 | $62.3M | | [Busey Bank](https://lender.report/lender/busey-bank-il/) [SBA 7(a) record](https://lender.report/lender/busey-bank-il/sba-7a/) | Bank | Champaign, IL | 42 | $52.8M | | [VelocitySBA, LLC](https://lender.report/lender/velocitysba-tx/) [SBA 7(a) record](https://lender.report/lender/velocitysba-tx/sba-7a/) | Non-bank | Irving, TX | 42 | $43.9M | SBA FOIA, Sep 30, 2026 [See all 234 SBA 7(a) lenders in Illinois in Loan Comps](https://lender.report/comps/?lane=sba_7a&state=IL) - Lenders recorded 6,009 SBA 7(a) loans totaling $3.1B in Illinois in the 36 months ending September 30, 2026. SBA FOIA, Sep 30, 2026 - Banks and savings institutions made 5,495 of those, credit unions 26, and non-banks 482. SBA FOIA, Sep 30, 2026 - The five most active lenders made 45.3% of Illinois's SBA 7(a) loans. SBA FOIA, Sep 30, 2026 - The Huntington National Bank recorded the most dollars in Illinois, at $314M. SBA FOIA, Sep 30, 2026 - 71 of these lenders are based in Illinois. SBA FOIA, Sep 30, 2026 - 70 lenders recorded 10 or more SBA 7(a) loans in Illinois. SBA FOIA, Sep 30, 2026 - 6 of these loans were made by lenders that have since merged or closed, or that the file lists under a name with no lender record here. They are counted in the totals here and appear in no lender's row. SBA FOIA, Sep 30, 2026 - The SBA file shows 1,476 SBA 7(a) approvals in Illinois dated in the 12 months to September 30, 2026, versus 2,301 in the prior 12 months. Both counts leave out cancelled approvals. SBA FOIA, Sep 30, 2026 - The typical SBA 7(a) loan in Illinois was about $180K, with the middle half between $62K and $500K. SBA FOIA, Sep 30, 2026 - Lenders reported a median rate of 10.00% on 6,009 loans in Illinois, with the middle half between 9.00% and 11.00%. SBA FOIA, Sep 30, 2026 - The median term in Illinois was 10 years. SBA FOIA, Sep 30, 2026 ## How this list is defined **Measure** SBA 7(a) loans made in Illinois **Period** October 2023 to September 2026 **Formula** Count, by lender, of SBA 7(a) approvals located in Illinois and dated in the 36 months ending September 30, 2026, whose status is not cancelled. A lender is listed if it made at least one. **Order** Largest first by loans in the 36 months, then dollars, then name. Payment is not part of the order. **As of** September 30, 2026 **Source** [SBA FOIA](https://data.sba.gov/dataset/7a-504-foia) **Data** [JSON version of this list](https://lender.report/rankings/sba-7a-lenders-by-state.json) **Changelog** November 12, 2026: First published, with the data built on this date. Is your institution on this list? [Show your rank](https://lender.report/for-lenders/badge/). It carries the date and links back to this page. SBA 7(a) is the main SBA loan program for small businesses. The SBA guarantees part of each loan and the lender decides who gets one. SBA figures are approvals, shown net of cancelled loans where the column says so. SBA has not reviewed or endorsed this site. Each lender is counted only where the public file places the loan. 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](https://lender.report/report/) 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.