SBA lending by district
SBA lending in IL-18
SBA 7(a) and 504 financing in Illinois's 18th 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
- 609
- Total funded
- $282.1M
- Average loan
- $463K
- 7(a) charge-off
- 5.6%
Borrowers in Illinois's 18th district took 609 SBA loans worth $282.1M since FY2010, averaging $463K. Of the 517 7(a) loans, 5.6% have charged off. See the rest of Illinois.
SBA funded volume by fiscal year
Top SBA lenders in IL-18
- 1. SomerCor 504, Inc. $39.7M
- 2. Byline Bank $23.9M
- 3. Small Business Growth Corporation $20.1M
- 4. Live Oak Banking Company $16.3M
- 5. Heartland Bank and Trust Company $14.1M
- 6. Millennium Bank $13.8M
- 7. Morton Community Bank $12.4M
- 8. Bank of Springfield $8.6M
- 9. First Mid Bank & Trust, National Association $8.1M
- 10. Peoples Bank & Trust $8.0M
Method. SBA 7(a) and 504 loans the SBA recorded in IL-18,
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.