SBA by industry · IL

SBA lenders for wholesale distributors in Illinois

67 lenders made 261 SBA loans to wholesale distributors in Illinois in the 36 months ending September 30, 2026. The Huntington National Bank made the most, with 64. The typical loan was about $250K.

Evidence
SBA 7(a) and 504 loans to wholesale distributors in Illinois, NAICS 42
Data as of
SBA, September 30, 2026
Page last changed
November 12, 2026
Lenders on record
67
SBA FOIA,
SBA loans, 36 months
261
SBA FOIA,
7(a) net of cancelled; 504 funded first liens
Dollars, 36 months
$179M
SBA FOIA,
Last 12 months
58
SBA FOIA,

Cite this

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

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SBA lenders for wholesale distributors in Illinois. Ordered by loans recorded in the place, then dollars, then name. Payment is not part of the order. First 25 of 67.
LenderKindBased inLoansDollars7(a)504Last 12 months
The Huntington National Bank SBA 7(a) recordBankColumbus, OH64$14.5M6407
JPMorgan Chase Bank, National Association SBA 7(a) recordBankColumbus, OH19$11.5M1635
BayFirst National Bank SBA 7(a) recordBankSaint Petersburg, FL13$1.80M1300
Newtek Bank, National Association SBA 7(a) recordBankMiami, FL12$11.0M1202
Byline Bank SBA 7(a) recordBankChicago, IL11$16.3M923
St. Charles Bank & Trust Company, National Association SBA 7(a) recordBankSaint Charles, IL9$4.89M811
U.S. Bank National Association SBA 7(a) recordBankCincinnati, OH9$640K902
PNC Bank, National Association SBA 7(a) recordBankWilmington, DE7$3.34M701
Northeast Bank SBA 7(a) recordBankPortland, ME7$1.79M703
Bank of Hope SBA 7(a) recordBankLos Angeles, CA6$1.35M602
Lendistry SBLC, LLC SBA 7(a) recordNon-bankLos Angeles, CA6$934K601
Busey Bank SBA 7(a) recordBankChampaign, IL5$6.75M410
Wheaton Bank & Trust, National Association SBA 7(a) recordBankWheaton, IL5$3.83M411
Readycap Lending, LLC SBA 7(a) recordNon-bankBerkeley Heights, NJ5$200K503
Fifth Third Bank, National Association SBA 7(a) recordBankCincinnati, OH4$2.63M401
SmartBiz Bank, National Association SBA 7(a) recordBankNorthbrook, IL4$2.04M401
Old National Bank SBA 7(a) recordBankEvansville, IN3$11.4M302
Midland States Bank SBA 7(a) recordBankEffingham, IL3$5.90M211
Libertyville Bank & Trust Company, National Association SBA 7(a) recordBankLibertyville, IL3$4.23M300
Hinsdale Bank & Trust Company, National Association SBA 7(a) recordBankHinsdale, IL3$2.21M210
Beverly Bank & Trust Company, National Association SBA 7(a) recordBankChicago, IL3$1.33M210
Village Bank and Trust, National Association SBA 7(a) recordBankArlington Heights, IL3$1.16M301
Wintrust Bank, National Association SBA 7(a) recordBankChicago, IL2$8.90M200
Bank Of Clarke SBA 7(a) recordBankBerryville, VA2$8.30M202
Pathward, National Association SBA 7(a) recordBankSioux Falls, SD2$5.00M200
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
Other Miscellaneous Durable Goods Merchant Wholesalers25
Other Miscellaneous Nondurable Goods Merchant Wholesalers21
Medical, Dental, and Hospital Equipment and Supplies Merchant Wholesalers14
Other Grocery and Related Products Merchant Wholesalers14
Wholesale Trade Agents and Brokers14
General Line Grocery Merchant Wholesalers12
Wine and Distilled Alcoholic Beverage Merchant Wholesalers11
Industrial Machinery and Equipment Merchant Wholesalers10
Industrial Supplies Merchant Wholesalers9
Recyclable Material Merchant Wholesalers9
SBA FOIA,
SBA loans for wholesale distributors in Illinois, by size
Loan sizeLoans
Under $150K78
$150K to $350K73
$350K to $1M66
$1M to $2.5M24
$2.5M or more20
SBA FOIA,
  • SBA lenders recorded 261 loans to wholesale distributors totaling $178.9M 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 $100K and $590K. SBA FOIA,
  • 239 were SBA 7(a) loans and 22 were SBA 504 first liens. SBA FOIA,
  • SBA 7(a) lenders reported a median initial rate of 10.25% on 239 loans. SBA FOIA,
  • The median term was 10 years. SBA FOIA,
  • Banks and savings institutions made 244 of the loans, credit unions 1, and non-banks 14. SBA FOIA,
  • The five most active lenders made 45.6% of the loans. SBA FOIA,
  • The three most active lenders were The Huntington National Bank with 64, JPMorgan Chase Bank, National Association with 19, and BayFirst National Bank with 13. SBA FOIA,
  • 78 of the loans were under $150K, and 44 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 58 approvals of these loans dated in the 12 months to September 30, 2026, versus 115 in the 12 months before. Both counts leave out cancelled approvals and include 504 approvals not yet funded. SBA FOIA,
  • 27 of the 67 lenders are based in Illinois. The rest are based elsewhere, most often in California, Indiana and Ohio. SBA FOIA,
  • The most common detailed industry in Illinois was Other Miscellaneous Durable Goods Merchant Wholesalers, with 25 loans. SBA FOIA,

How this list is defined

Measure
SBA loans made to wholesale distributors 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 42.
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.