SBA lending by metro area
SBA lenders in Jacksonville, IL
Which lenders fund Jacksonville-area businesses, how much, and how the market compares with Illinois: SBA 7(a) and 504 loans, FY2010–2026.
By Mario Bailey · SBA FOIA data as of 2026-03-31
Top SBA lenders in the Jacksonville area
Ranked by SBA volume funded to businesses located in the Jacksonville micropolitan area, wherever the lender is headquartered. National SBA lenders that fund here are included.
| # | Lender | Loans | Total funded | Average loan | 7(a) charge-off |
|---|---|---|---|---|---|
| 1 | SomerCor 504, Inc. | 10 | $7.4M | $737K | not reported |
| 2 | Byline Bank | 9 | $7.3M | $812K | not reported |
| 3 | Bank of Springfield | 17 | $5.1M | $298K | not reported |
| 4 | Peoples Bank & Trust | 12 | $3.3M | $278K | not reported |
| 5 | Heartland Bank and Trust Company | 5 | $305K | $61K | not reported |
SBA 7(a) and 504 loans, FY2010–2026, as of 2026-03-31, from the SBA's public record.
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How Jacksonville compares
Median funded SBA loan and 504 share of loans, FY2010–2026.
| Median loan | 504 share | |
|---|---|---|
| Jacksonville area | $300K ▲ 34.6% | 12.8% ▼ 2.9 pts |
| Illinois | $223K | 15.7% |
| United States | $179K | 11.2% |
What gets funded in Jacksonville
| Industry | Loans | Total funded |
|---|---|---|
| Retail Trade | 26 | $16.5M |
| Accommodation and Food Services | 15 | $15.0M |
| Manufacturing | 7 | $3.1M |
| Other Services | 5 | $2.9M |
| Transportation and Warehousing | 11 | $2.5M |
| Construction | 8 | $2.0M |
| Arts, Entertainment, Recreation | 6 | $925K |
SBA lending in Jacksonville by year
Geography, precisely
"Jacksonville area" here means the Jacksonville, IL micropolitan statistical area as delineated by OMB (July 2023), which is exactly these counties: Morgan County, IL; Scott County, IL. Loans are placed by the SBA's recorded project county, which can differ from a borrower's mailing address. Counts are SBA 7(a) and 504 funded loans, FY2010–2026, as of 2026-03-31. See the methodology.