SBA by industry · IL

SBA lenders for professional services firms in Illinois

87 lenders made 542 SBA loans to professional services firms in Illinois in the 36 months ending September 30, 2026. The Huntington National Bank made the most, with 90. The typical loan was about $160K.

Evidence
SBA 7(a) and 504 loans to professional services firms in Illinois, NAICS 54, excluding veterinary
Data as of
SBA, September 30, 2026
Page last changed
November 12, 2026
Lenders on record
87
SBA FOIA,
SBA loans, 36 months
542
SBA FOIA,
7(a) net of cancelled; 504 funded first liens
Dollars, 36 months
$217M
SBA FOIA,
Last 12 months
144
SBA FOIA,

Cite this

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

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SBA lenders for professional services firms in Illinois. Ordered by loans recorded in the place, then dollars, then name. Payment is not part of the order. First 25 of 87.
LenderKindBased inLoansDollars7(a)504Last 12 months
The Huntington National Bank SBA 7(a) recordBankColumbus, OH90$18.1M90010
JPMorgan Chase Bank, National Association SBA 7(a) recordBankColumbus, OH48$16.5M44410
U.S. Bank National Association SBA 7(a) recordBankCincinnati, OH47$9.86M47016
Newtek Bank, National Association SBA 7(a) recordBankMiami, FL31$7.07M31012
Readycap Lending, LLC SBA 7(a) recordNon-bankBerkeley Heights, NJ29$4.84M2905
Northeast Bank SBA 7(a) recordBankPortland, ME26$3.81M2608
BayFirst National Bank SBA 7(a) recordBankSaint Petersburg, FL21$2.83M2100
Celtic Bank SBA 7(a) recordBankSalt Lake City, UT15$1.84M1504
United Midwest Savings Bank, National Association SBA 7(a) recordBankDegraff, OH13$6.50M1304
Live Oak Banking Company SBA 7(a) recordBankWilmington, NC11$9.86M1105
Byline Bank SBA 7(a) recordBankChicago, IL9$13.9M726
First American Bank SBA 7(a) recordBankElk Grove Village, IL9$4.25M903
Lendistry SBLC, LLC SBA 7(a) recordNon-bankLos Angeles, CA9$1.95M901
Fifth Third Bank, National Association SBA 7(a) recordBankCincinnati, OH8$2.40M802
Busey Bank SBA 7(a) recordBankChampaign, IL7$7.66M702
Bank of America, National Association SBA 7(a) recordBankCharlotte, NC7$5.20M700
SmartBiz Bank, National Association SBA 7(a) recordBankNorthbrook, IL7$1.43M705
Bank of Springfield SBA 7(a) recordBankSpringfield, IL7$490K700
Wintrust Bank, National Association SBA 7(a) recordBankChicago, IL6$3.78M511
PNC Bank, National Association SBA 7(a) recordBankWilmington, DE6$3.62M602
Associated Bank, National Association SBA 7(a) recordBankGreen Bay, WI6$3.61M600
Wheaton Bank & Trust, National Association SBA 7(a) recordBankWheaton, IL5$4.09M412
VelocitySBA, LLC SBA 7(a) recordNon-bankIrving, TX5$3.32M500
Old National Bank SBA 7(a) recordBankEvansville, IN5$2.67M502
Barrington Bank & Trust Company, National Association SBA 7(a) recordBankBarrington, IL5$2.21M410
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
All Other Professional, Scientific, and Technical Services55
Offices of Lawyers50
Administrative Management and General Management Consulting Services48
Offices of Certified Public Accountants40
Other Computer Related Services36
Custom Computer Programming Services32
Other Accounting Services27
Tax Preparation Services26
Architectural Services25
Computer Systems Design Services23
SBA FOIA,
SBA loans for professional services firms in Illinois, by size
Loan sizeLoans
Under $150K205
$150K to $350K161
$350K to $1M128
$1M to $2.5M32
$2.5M or more16
SBA FOIA,
  • SBA lenders recorded 542 loans to professional services firms totaling $217.2M in Illinois in the 36 months ending September 30, 2026, excluding cancelled approvals. SBA FOIA,
  • The typical loan was about $160K, with the middle half between $75K and $410K. SBA FOIA,
  • 513 were SBA 7(a) loans and 29 were SBA 504 first liens. SBA FOIA,
  • SBA 7(a) lenders reported a median initial rate of 10.25% on 513 loans. SBA FOIA,
  • The median term was 10 years. SBA FOIA,
  • Banks and savings institutions made 484 of the loans, credit unions 7, and non-banks 49. SBA FOIA,
  • The five most active lenders made 45.2% of the loans. SBA FOIA,
  • The three most active lenders were The Huntington National Bank with 90, JPMorgan Chase Bank, National Association with 48, and U.S. Bank National Association with 47. SBA FOIA,
  • 205 of the loans were under $150K, and 48 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 144 approvals of these loans dated in the 12 months to September 30, 2026, versus 208 in the 12 months before. Both counts leave out cancelled approvals and include 504 approvals not yet funded. SBA FOIA,
  • 40 of the 87 lenders are based in Illinois. The rest are based elsewhere, most often in California, Ohio and Indiana. SBA FOIA,
  • The most common detailed industry in Illinois was All Other Professional, Scientific, and Technical Services, with 55 loans. SBA FOIA,

How this list is defined

Measure
SBA loans made to professional services firms 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 54, excluding veterinary.
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.