SBA lending by district
SBA lending in IL-01
SBA 7(a) and 504 financing in Illinois's 1st district: how much was funded, by which lenders, and the 7(a) charge-off record.
By Mario Bailey · Source: SBA FOIA data, as of 2026-03-31
- SBA loans
- 3,186
- Total funded
- $1.7B
- Average loan
- $530K
- 7(a) charge-off
- 5.3%
Borrowers in Illinois's 1st district took 3,186 SBA loans worth $1.7B since FY2010, averaging $530K. Of the 2,756 7(a) loans, 5.3% have charged off. See the rest of Illinois.
SBA funded volume by fiscal year
Top SBA lenders in IL-01
- 1. Byline Bank $253.3M
- 2. Small Business Growth Corporation $195.4M
- 3. SomerCor 504, Inc. $145.8M
- 4. The Huntington National Bank $100.7M
- 5. U.S. Bank, National Association $65.2M
- 6. Millennium Bank $45.7M
- 7. JPMorgan Chase Bank, National Association $40.5M
- 8. Live Oak Banking Company $38.2M
- 9. Celtic Bank Corporation $34.8M
- 10. Newtek Small Business Finance, Inc. $34.0M
Method. SBA 7(a) and 504 loans the SBA recorded in IL-01,
FY2010–2026 (as of 2026-03-31). District boundaries
changed in the 2022 redistricting, so multi-year totals span boundary changes; the district is
as-recorded by the SBA. Charge-off is 7(a)-only. See the
methodology.