SBA lender profile
Devon Bank
Devon Bank appears in the public SBA loan data with 19 funded 7(a) loans since FY2010, totaling $14.0M, an average of $739K per loan, and an estimated 430 jobs supported. Its SBA lending concentrates in Illinois and the Health Care and Social Assistance sector. With only 19 7(a) loans in the data, the sample is too small to read a charge-off rate as a track record.
By Mario Bailey · Source: SBA FOIA 7(a) and 504 data, FY2010–2026 (as of 2026-03-31)
Is Devon Bank the right lender for you?
Devon Bank appears in the SBA record with 19 funded loans since FY2010, too few to read as a lending pattern. That is not a mark against the institution, but it does mean the record cannot tell you whether it lends to businesses like yours. Lenders with a deeper track record in your state and industry can.
See which SBA lenders fund businesses like yours →Ranked on the funded-loan record, not on who pays. Free, and your details go only to the lenders we match you to.
Bank profile
via FDIC- Total assets
- $436M
- Headquarters
- Chicago, IL
- FDIC cert
- #16249
- Status
- Active
Where Devon Bank lends
Top states by funded SBA volume.
| State | Loans | Total volume |
|---|---|---|
| Illinois | 19 | $14.0M |
What Devon Bank funds
Top industries by funded SBA volume.
| Industry | Loans | Total volume |
|---|---|---|
| Health Care and Social Assistance | 5 | $8.9M |
| Professional and Technical Services | 1 | $2.0M |
| Accommodation and Food Services | 5 | $1.4M |
| Finance and Insurance | 3 | $680K |
| Administrative and Support | 1 | $350K |
| Retail Trade | 1 | $250K |
Devon Bank SBA lending by year
Funded SBA volume by approval fiscal year (FY2010–2026).
| Fiscal year | Loans | Total volume |
|---|---|---|
| 2014 | 2 | $500K |
| 2016 | 2 | $1.1M |
| 2017 | 3 | $8.6M |
| 2018 | 1 | $250K |
| 2021 | 4 | $1.2M |
| 2022 | 1 | $150K |
| 2023 | 2 | $375K |
| 2024 | 1 | $150K |
| 2025 | 3 | $1.7M |
Related SBA lenders
Other lenders active in Illinois or in Health Care and Social Assistance.
Comparing lenders? See how to choose an SBA lender by track record.
Devon Bank: frequently asked questions
Does Devon Bank offer SBA loans?
Yes. Devon Bank appears in the public SBA data with 19 funded SBA 7(a) loans totaling $14.0M.
How many SBA loans has Devon Bank made?
Devon Bank is associated with 19 SBA 7(a) loans totaling $14.0M in the public SBA data (as of 2026-03-31).
What is Devon Bank's SBA charge-off rate?
Devon Bank appears with only 19 7(a) loans in the data, too few for a charge-off rate to be meaningful as a track record. The SBA Lender Score treats fewer than 20 loans as insufficient data for the same reason; see our methodology.
Where does Devon Bank do most of its SBA lending?
Devon Bank's SBA lending in the data is most concentrated in Illinois, and by industry in Health Care and Social Assistance.
This page is the public view of your institution's SBA record: rank, trajectory, and market position, computed from the complete public 7(a)/504 dataset. The full competitive picture (your share against named competitors by state and industry, and the growing markets you're absent from) is available to your team.
Request your institution's benchmarking →Mario Bailey. (2026). Devon Bank SBA lending profile. SBA Loan Index. https://sbaloanindex.com/lenders/devon-bank/
Free to cite and quote with attribution and a link. Members of the press can reach us via our press page.
Looking for a lender like this?
Compare a few SBA lenders by track record, then get matched with SBA-approved lenders that fund businesses like yours.
Get SBA lending trends in your inbox
Occasional, data-driven briefings on SBA lending by industry and state. No spam, unsubscribe anytime.
We use your email only to send lending-trend updates. See our privacy policy.