SBA lending by metro area
SBA lenders in Kankakee, IL
Which lenders fund Kankakee-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 Kankakee area
Ranked by SBA volume funded to businesses located in the Kankakee metropolitan 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 | Byline Bank | 13 | $10.5M | $804K | not reported |
| 2 | Small Business Growth Corporation | 13 | $9.3M | $714K | not reported |
| 3 | Live Oak Banking Company | 6 | $6.4M | $1.1M | not reported |
| 4 | SomerCor 504, Inc. | 5 | $5.7M | $1.1M | not reported |
| 5 | The Huntington National Bank | 7 | $2.6M | $375K | not reported |
| 6 | U.S. Bank, National Association | 5 | $1.4M | $271K | not reported |
| 7 | BayFirst National Bank | 6 | $1.2M | $207K | not reported |
| 8 | Midland States Bank | 6 | $506K | $84K | not reported |
| 9 | JPMorgan Chase Bank, National Association | 6 | $351K | $58K | 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 Kankakee compares
Median funded SBA loan and 504 share of loans, FY2010–2026.
| Median loan | 504 share | |
|---|---|---|
| Kankakee area | $304K ▲ 36.3% | 16.8% ▲ 1.1 pts |
| Illinois | $223K | 15.7% |
| United States | $179K | 11.2% |
What gets funded in Kankakee
| Industry | Loans | Total funded |
|---|---|---|
| Retail Trade | 23 | $21.5M |
| Accommodation and Food Services | 20 | $17.1M |
| Construction | 12 | $7.0M |
| Professional and Technical Services | 8 | $5.9M |
| Other Services | 18 | $5.4M |
| Transportation and Warehousing | 14 | $4.9M |
| Health Care and Social Assistance | 8 | $4.8M |
| Manufacturing | 6 | $2.8M |
SBA lending in Kankakee by year
Geography, precisely
"Kankakee area" here means the Kankakee, IL metropolitan statistical area as delineated by OMB (July 2023), which is exactly these counties: Kankakee 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.