SBA lending by metro area
SBA lenders in Ottawa, IL
Which lenders fund Ottawa-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 Ottawa area
Ranked by SBA volume funded to businesses located in the Ottawa 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 | Midland States Bank | 16 | $9.0M | $564K | not reported |
| 2 | Small Business Growth Corporation | 7 | $6.3M | $893K | not reported |
| 3 | SomerCor 504, Inc. | 17 | $5.4M | $318K | not reported |
| 4 | Byline Bank | 6 | $3.9M | $655K | not reported |
| 5 | JPMorgan Chase Bank, National Association | 5 | $2.8M | $560K | not reported |
| 6 | The Huntington National Bank | 6 | $2.3M | $385K | 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 Ottawa compares
Median funded SBA loan and 504 share of loans, FY2010–2026.
| Median loan | 504 share | |
|---|---|---|
| Ottawa area | $375K ▲ 68.2% | 23.5% ▲ 7.8 pts |
| Illinois | $223K | 15.7% |
| United States | $179K | 11.2% |
What gets funded in Ottawa
| Industry | Loans | Total funded |
|---|---|---|
| Accommodation and Food Services | 28 | $26.9M |
| Retail Trade | 24 | $20.4M |
| Other Services | 14 | $8.4M |
| Transportation and Warehousing | 6 | $4.6M |
| Manufacturing | 9 | $4.3M |
| Real Estate | 5 | $3.8M |
| Wholesale Trade | 6 | $3.2M |
| Construction | 9 | $2.6M |
SBA lending in Ottawa by year
Geography, precisely
"Ottawa area" here means the Ottawa, IL micropolitan statistical area as delineated by OMB (July 2023), which is exactly these counties: Bureau County, IL; LaSalle County, IL; Putnam 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.