SBA lending by district
SBA lending in IL-03
SBA 7(a) and 504 financing in Illinois's 3rd 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
- 2,195
- Total funded
- $1.2B
- Average loan
- $530K
- 7(a) charge-off
- 4.8%
Borrowers in Illinois's 3rd district took 2,195 SBA loans worth $1.2B since FY2010, averaging $530K. Of the 1,830 7(a) loans, 4.8% have charged off. See the rest of Illinois.
SBA funded volume by fiscal year
Top SBA lenders in IL-03
- 1. Small Business Growth Corporation $179.6M
- 2. Byline Bank $167.7M
- 3. SomerCor 504, Inc. $104.5M
- 4. The Huntington National Bank $71.1M
- 5. U.S. Bank, National Association $68.2M
- 6. JPMorgan Chase Bank, National Association $40.8M
- 7. Millennium Bank $28.6M
- 8. CenTrust Bank, A Division of SmartBiz Bank National Association $22.3M
- 9. Village Bank and Trust, National Association $20.5M
- 10. Old National Bank $20.2M
Method. SBA 7(a) and 504 loans the SBA recorded in IL-03,
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.