SBA by industry · IL

SBA lenders for child care businesses in Illinois

49 lenders made 125 SBA loans to child care businesses in Illinois in the 36 months ending September 30, 2026. The Huntington National Bank made the most, with 22. The typical loan was about $370K.

Evidence
SBA 7(a) and 504 loans to child care businesses in Illinois, NAICS 6244
Data as of
SBA, September 30, 2026
Page last changed
November 12, 2026
Lenders on record
49
SBA FOIA,
SBA loans, 36 months
125
SBA FOIA,
7(a) net of cancelled; 504 funded first liens
Dollars, 36 months
$87.2M
SBA FOIA,
Last 12 months
41
SBA FOIA,

Cite this

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

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See which lenders made SBA loans to child care businesses, at your size and in your state. No account and no form.

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SBA lenders for child care businesses in Illinois. Ordered by loans recorded in the place, then dollars, then name. Payment is not part of the order. First 25 of 49.
LenderKindBased inLoansDollars7(a)504Last 12 months
The Huntington National Bank SBA 7(a) recordBankColumbus, OH22$6.58M2110
Byline Bank SBA 7(a) recordBankChicago, IL8$11.0M803
U.S. Bank National Association SBA 7(a) recordBankCincinnati, OH8$2.21M801
Live Oak Banking Company SBA 7(a) recordBankWilmington, NC6$5.58M601
Hinsdale Bank & Trust Company, National Association SBA 7(a) recordBankHinsdale, IL5$4.75M503
Celtic Bank SBA 7(a) recordBankSalt Lake City, UT5$2.25M503
JPMorgan Chase Bank, National Association SBA 7(a) recordBankColumbus, OH5$645K500
Newtek Bank, National Association SBA 7(a) recordBankMiami, FL4$2.35M402
Northeast Bank SBA 7(a) recordBankPortland, ME4$392K400
Bank Five Nine SBA 504 recordBankOconomowoc, WI3$7.60M030
Libertyville Bank & Trust Company, National Association SBA 7(a) recordBankLibertyville, IL3$2.76M121
Harvest Small Business Finance, LLC SBA 7(a) recordNon-bankLaguna Hills, CA3$1.31M301
Northwest Bank SBA 7(a) recordSavingsWarren, PA3$1.06M303
Busey Bank SBA 7(a) recordBankChampaign, IL2$1.68M111
Morton Community Bank SBA 7(a) recordBankMorton, IL2$1.45M111
Bank of America, National Association SBA 7(a) recordBankCharlotte, NC2$1.15M201
St. Charles Bank & Trust Company, National Association SBA 7(a) recordBankSaint Charles, IL2$950K110
Bank of Springfield SBA 7(a) recordBankSpringfield, IL2$880K202
Wintrust Bank, National Association SBA 7(a) recordBankChicago, IL2$760K111
First Mid Bank & Trust, National Association SBA 7(a) recordBankMattoon, IL2$500K201
Midland States Bank SBA 7(a) recordBankEffingham, IL2$200K201
Readycap Lending, LLC SBA 7(a) recordNon-bankBerkeley Heights, NJ2$100K201
Wells Fargo Bank, National Association SBA 7(a) recordBankSioux Falls, SD1$4.30M101
Fifth Third Bank, National Association SBA 7(a) recordBankCincinnati, OH1$3.80M100
First National Bank of Pennsylvania SBA 7(a) recordBankGreenville, PA1$3.20M100
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
Child Care Services125
SBA FOIA,
SBA loans for child care businesses in Illinois, by size
Loan sizeLoans
Under $150K30
$150K to $350K29
$350K to $1M39
$1M to $2.5M20
$2.5M or more7
SBA FOIA,
  • SBA lenders recorded 125 loans to child care businesses totaling $87.2M in Illinois in the 36 months ending September 30, 2026, excluding cancelled approvals. SBA FOIA,
  • The typical loan was about $370K, with the middle half between $150K and $900K. SBA FOIA,
  • 110 were SBA 7(a) loans and 15 were SBA 504 first liens. SBA FOIA,
  • SBA 7(a) lenders reported a median initial rate of 10.00% on 110 loans. SBA FOIA,
  • The median term was 10 years. SBA FOIA,
  • Banks and savings institutions made 116 of the loans, credit unions 1, and non-banks 7. SBA FOIA,
  • The five most active lenders made 39.2% of the loans. SBA FOIA,
  • The three most active lenders were The Huntington National Bank with 22, Byline Bank with 8, and U.S. Bank National Association with 8. SBA FOIA,
  • 30 of the loans were under $150K, and 27 were $1M or more. SBA FOIA,
  • 1 of these loans was 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 41 approvals of these loans dated in the 12 months to September 30, 2026, versus 55 in the 12 months before. Both counts leave out cancelled approvals and include 504 approvals not yet funded. SBA FOIA,
  • 20 of the 49 lenders are based in Illinois. The rest are based elsewhere, most often in Ohio, Missouri and Pennsylvania. SBA FOIA,
  • The most common detailed industry in Illinois was Child Care Services, with 125 loans. SBA FOIA,

How this list is defined

Measure
SBA loans made to child care businesses 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 6244.
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.