SBA lending by district
SBA lending in IL-07
SBA 7(a) and 504 financing in Illinois's 7th 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
- 1,644
- Total funded
- $825.0M
- Average loan
- $502K
- 7(a) charge-off
- 5.1%
Borrowers in Illinois's 7th district took 1,644 SBA loans worth $825.0M since FY2010, averaging $502K. Of the 1,485 7(a) loans, 5.1% have charged off. See the rest of Illinois.
SBA funded volume by fiscal year
Top SBA lenders in IL-07
- 1. Byline Bank $122.7M
- 2. Small Business Growth Corporation $77.9M
- 3. JPMorgan Chase Bank, National Association $66.1M
- 4. SomerCor 504, Inc. $57.2M
- 5. The Huntington National Bank $42.8M
- 6. U.S. Bank, National Association $30.8M
- 7. Village Bank and Trust, National Association $26.1M
- 8. LendingClub Bank, National Association $21.0M
- 9. Newtek Small Business Finance, Inc. $20.9M
- 10. Live Oak Banking Company $19.6M
Method. SBA 7(a) and 504 loans the SBA recorded in IL-07,
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.