Project state: Illinois
Top SBA lenders for projects in Illinois.
Current fiscal-year 7(a) activity by lender for Illinois, based on SBA's monthly lender activity workbook as of 05/31/2026.
1,173
Approved loans
$635M
Approved dollars
25
Active lenders shown
| Lender | Approved loans | Approved dollars | SBA guaranty |
|---|---|---|---|
| Byline Bank Chicago | 50 | $57M | $41M |
| The Huntington National Bank Columbus | 219 | $55M | $40M |
| Live Oak Banking Company Wilmington | 31 | $38M | $28M |
| U.S. Bank, N.A. Cincinnati | 112 | $26M | $18M |
| Newtek Bank, N.A. Miami | 98 | $23M | $17M |
| GBank Las Vegas | 6 | $22M | $16M |
| Old National Bank Evansville | 12 | $22M | $16M |
| Harvest Small Business Finance, LLC Laguna Hills | 17 | $18M | $14M |
| Northeast Bank Lewiston | 88 | $17M | $13M |
| CenTrust Bank, A Division of SmartBiz Bank National Association Northbrook | 33 | $15M | $12M |
| Village Bank and Trust, National Association Arlington Heights | 17 | $13M | $9M |
| Shoreham Bank Warwick | 5 | $13M | $10M |
| Merchants Bank of Indiana Carmel | 8 | $12M | $9M |
| VelocitySBA, LLC Irving | 7 | $12M | $9M |
| Busey Bank Champaign | 8 | $11M | $8M |
| Peoples National Bank National Association Mcleansboro | 5 | $10M | $8M |
| St. Charles Bank & Trust Company, National Association Saint Charles | 17 | $9M | $6M |
| Centerstone SBA Lending, Inc. Los Angeles | 3 | $9M | $7M |
| Bank of Clarke Berryville | 2 | $8M | $3M |
| TowneBank Portsmouth | 9 | $8M | $6M |
| Bank of America, National Association Charlotte | 10 | $8M | $6M |
| JPMorgan Chase Bank, National Association Columbus | 29 | $7M | $4M |
| First American Bank Elk Grove Village | 9 | $7M | $5M |
| Midland States Bank Effingham | 10 | $7M | $5M |
| Readycap Lending, LLC Berkeley Heights | 33 | $7M | $5M |
How borrowers should use the Illinois lender list
The right lender is not always the lender with the most approvals. Start with active lenders in Illinois, then filter for brand history, industry experience, loan size, collateral, and borrower strength.
Need a narrower list?
SourceFunding can compare state activity with franchise or acquisition facts and build a manual outreach shortlist.