Illinois SBA Loan Data
72,910 loans totaling $25.6B across all SBA programs.
Total Loans
72,910
1991–2025
Total Volume
$25.6B
Gross approval amount
Avg Loan Size
$351K
Median: $135K
Avg Interest Rate
7.29%
Default rate: 15.0%
Illinois Loan Status
Active17.8%
Paid in Full54.5%
Charged Off12.7%
Cancelled13.2%
Committed1.3%
Download State Data
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Illinois Annual Lending Volume
Number of Loans per Year
Top Industries
Loan Size Distribution
Top Lenders in Illinois
| Lender | Loans | Volume▼ | Avg Size | Avg Rate | Default Rate |
|---|---|---|---|---|---|
| Byline Bank | 2,841 | $2.4B | $862K | 6.83% | 10.8% |
| JPMorgan Chase Bank, National Association | 8,440 | $983.1M | $116K | 7.54% | 18.4% |
| U.S. Bank, National Association | 4,479 | $922.4M | $206K | 7.71% | 14.8% |
| The Huntington National Bank | 3,916 | $820.9M | $210K | 8.24% | 5.1% |
| Live Oak Banking Company | 458 | $560.1M | $1.2M | 6.88% | 2.5% |
| Busey Bank | 950 | $436.4M | $459K | 6.84% | 9.7% |
| Wells Fargo Bank National Association | 1,210 | $433.9M | $359K | 6.60% | 18.1% |
| Fifth Third Bank | 1,453 | $397.1M | $273K | 6.82% | 14.7% |
| Village Bank and Trust, National Association | 828 | $389.0M | $470K | 5.92% | 4.4% |
| Millennium Bank | 192 | $360.4M | $1.9M | 6.80% | 0.0% |
| BMO Bank National Association | 1,587 | $359.1M | $226K | 5.58% | 11.7% |
| PNC Bank, National Association | 2,727 | $352.3M | $129K | 7.62% | 23.7% |
| Readycap Lending, LLC | 823 | $323.1M | $393K | 11.62% | 26.5% |
| Old National Bank | 794 | $304.3M | $383K | 6.82% | 10.4% |
| OLD NATIONAL BANK | 300 | $284.1M | $947K | N/A | 2.2% |
| Bank of Hope | 2,656 | $264.3M | $100K | 6.92% | 33.0% |
| JPMORGAN CHASE BANK, NATIONAL ASSOCIATION | 455 | $259.6M | $570K | N/A | 0.8% |
| First American Bank | 664 | $232.1M | $350K | 5.60% | 6.8% |
| Bank of America, National Association | 1,292 | $231.0M | $179K | 6.56% | 23.7% |
| Newtek Small Business Finance, Inc. | 304 | $224.6M | $739K | 7.41% | 5.9% |
| Midland States Bank | 660 | $208.2M | $315K | 6.56% | 11.0% |
| First Mid Bank & Trust, National Association | 931 | $205.4M | $221K | 5.73% | 8.7% |
| BYLINE BANK | 216 | $201.4M | $933K | N/A | 0.0% |
| Popular Bank | 948 | $196.3M | $207K | 6.54% | 29.4% |
| CenTrust Bank, A Division of SmartBiz Bank National Associat | 202 | $192.6M | $953K | 7.87% | 1.7% |
Top Counties in Illinois
| County | Loans | Volume▼ |
|---|---|---|
| Cook → | 32,047 | $10.6B |
| Dupage → | 8,107 | $3.2B |
| Lake → | 4,411 | $1.8B |
| Kane → | 3,747 | $1.5B |
| Will → | 3,476 | $1.5B |
| Mchenry → | 2,134 | $777.2M |
| Winnebago → | 1,973 | $640.3M |
| Sangamon → | 1,715 | $454.8M |
| Madison → | 1,222 | $434.3M |
| Champaign → | 1,032 | $367.1M |
| Saint Clair → | 1,195 | $362.5M |
| Mclean → | 906 | $325.5M |
| Peoria → | 845 | $278.2M |
| Macon → | 560 | $212.7M |
| Kendall → | 581 | $196.5M |
| Tazewell → | 582 | $193.4M |
| Dekalb → | 466 | $181.9M |
| Rock Island → | 525 | $159.0M |
| Kankakee → | 393 | $122.8M |
| La Salle → | 354 | $121.8M |
| Vermilion → | 314 | $107.3M |
| Williamson → | 288 | $104.9M |
| Jefferson → | 377 | $100.8M |
| Grundy → | 192 | $92.9M |
| Boone → | 223 | $83.3M |
Showing 1–25 of 30
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