SBA lending by district
SBA lending in IL-02
SBA 7(a) and 504 financing in Illinois's 2nd 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
- 931
- Total funded
- $526.0M
- Average loan
- $565K
- 7(a) charge-off
- 7.1%
Borrowers in Illinois's 2nd district took 931 SBA loans worth $526.0M since FY2010, averaging $565K. Of the 803 7(a) loans, 7.1% have charged off. See the rest of Illinois.
SBA funded volume by fiscal year
Top SBA lenders in IL-02
- 1. SomerCor 504, Inc. $71.6M
- 2. Byline Bank $56.1M
- 3. Small Business Growth Corporation $44.5M
- 4. Millennium Bank $29.2M
- 5. The Huntington National Bank $27.5M
- 6. U.S. Bank, National Association $19.1M
- 7. JPMorgan Chase Bank, National Association $17.4M
- 8. GBank $17.4M
- 9. First Internet Bank of Indiana $14.3M
- 10. CenTrust Bank, A Division of SmartBiz Bank National Association $9.8M
Method. SBA 7(a) and 504 loans the SBA recorded in IL-02,
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.