SBA Lenders in Illinois

104 active SBA lenders · 8,849 loans approved · $7.9B total volume

104 Active Lenders

36 Preferred Lenders

8,849 Loans Since 2020

$7.9B Total Volume

All SBA Lenders in Illinois

Lender	City	Loans	Total Volume	Avg Loan	Preferred
Byline Bank	CHICAGO	2,776	$3.4B	$1.2M	⭐
BMO Bank National Association	Chicago	1,326	$1.1B	$820K	⭐
CenTrust Bank, A Division of SmartBiz Bank National Associat	Northbrook	648	$226.2M	$349K	⭐
Busey Bank	CHAMPAIGN	440	$481.8M	$1.1M	⭐
CIBC Bank USA	CHICAGO	328	$212.8M	$649K	⭐
Village Bank and Trust, National Association	ARLINGTON HEIGHTS	265	$171.6M	$647K	⭐
Millennium Bank	DES PLAINES	234	$514.9M	$2.2M	—
Bank of Springfield	SPRINGFIELD	215	$71.5M	$333K	⭐
First American Bank	Elk Grove Village	196	$165.1M	$842K	⭐
First Mid Bank & Trust, National Association	Mattoon	196	$87.5M	$446K	⭐
FWBank	CHICAGO	173	$202.6M	$1.2M	⭐
Midland States Bank	EFFINGHAM	139	$68.8M	$495K	⭐
St. Charles Bank & Trust Company, National Association	SAINT CHARLES	98	$65.7M	$671K	⭐
Union National Bank	ELGIN	95	$33.2M	$349K	⭐
Peoples National Bank National Association	MCLEANSBORO	87	$44.4M	$510K	—
Peoples Bank & Trust	Pana	82	$51.7M	$630K	⭐
Farmers State Bank of Alto Pass, Illinois	ALTO PASS	72	$161.9M	$2.2M	⭐
Hinsdale Bank & Trust Company, National Association	HINSDALE	71	$61.2M	$863K	⭐
Banterra Bank	MARION	59	$28.7M	$487K	⭐
Morton Community Bank	Morton	58	$14.1M	$244K	⭐
Wheaton Bank & Trust Company, National Association	WHEATON	57	$32.3M	$567K	⭐
CIBM Bank	CHAMPAIGN	55	$43.6M	$793K	—
Pan American Bank & Trust	MELROSE PARK	54	$41.0M	$760K	—
Community First Bank of the Heartland	MOUNT VERNON	52	$28.2M	$542K	—
Wintrust Bank National Association	CHICAGO	51	$45.7M	$895K	⭐
Legence Bank	ELDORADO	48	$48.8M	$1.0M	⭐
American Community Bank & Trust	WOODSTOCK	45	$31.2M	$693K	—
Bank of Belleville	BELLEVILLE	45	$21.3M	$474K	⭐
Libertyville Bank & Trust Company, National Association	LIBERTYVILLE	44	$27.9M	$635K	⭐
Barrington Bank & Trust Company, National Association	BARRINGTON	44	$32.7M	$743K	⭐
Heartland Bank and Trust Company	Bloomington	44	$20.0M	$455K	⭐
Time Bank	PARK RIDGE	39	$16.4M	$421K	⭐
Beverly Bank & Trust Company, National Association	CHICAGO	38	$15.6M	$410K	⭐
Lake Forest Bank & Trust Company, National Association	LAKE FOREST	38	$35.0M	$922K	⭐
State Bank of the Lakes, National Association	ANTIOCH	36	$20.9M	$580K	⭐
The First National Bank of Waterloo	WATERLOO	36	$3.0M	$83K	—
INB, National Association	SPRINGFIELD	34	$28.7M	$845K	⭐
Signature Bank	ROSEMONT	33	$40.7M	$1.2M	—
The Fisher National Bank	FISHER	30	$6.3M	$211K	—
The First National Bank of Carmi	CARMI	28	$27.4M	$979K	⭐
Crystal Lake Bank & Trust Company, National Association	CRYSTAL LAKE	27	$18.9M	$701K	⭐
Old Plank Trail Community Bank National Association	Mokena	27	$16.5M	$611K	—
United Community Bank	CHATHAM	26	$5.7M	$219K	—
Schaumburg Bank & Trust Company, National Association	SCHAUMBURG	25	$15.3M	$613K	⭐
Scott CU	EDWARDSVILLE	22	$5.4M	$247K	⭐
IH Mississippi Valley Credit Union	MOLINE	22	$10.1M	$458K	⭐
Empeople Credit Union	MOLINE	21	$2.8M	$133K	—
Grand Ridge National Bank	Wheaton	20	$17.5M	$873K	—
Northbrook Bank & Trust Company, National Association	NORTHBROOK	19	$10.1M	$529K	⭐
Old Second National Bank	AURORA	15	$6.7M	$445K	—
Land of Lincoln Credit Union	DECATUR	14	$1.8M	$131K	—
Foresight Bank	Winnebago	13	$6.1M	$466K	—
SouthernTrust Bank	GOREVILLE	13	$4.6M	$353K	—
Fortress Bank	PEORIA	13	$17.2M	$1.3M	—
Community State Bank	GALVA	12	$14.2M	$1.2M	—
Devon Bank	CHICAGO	11	$3.6M	$328K	—
First Bankers Trust Company, National Association	QUINCY	10	$2.2M	$223K	—
Home State Bank, National Association	CRYSTAL LAKE	10	$1.3M	$125K	—
The Harvard State Bank	HARVARD	8	$11.4M	$1.4M	—
Sterling Federal Bank, F.S.B.	STERLING	8	$1.9M	$236K	—
Community Partners Savings Bank	SALEM	6	$3.0M	$497K	—
Servbank National Association	OSWEGO	6	$1.1M	$185K	—
First National Bank of Pana	PANA	6	$2.2M	$375K	—
Providence Bank & Trust	SOUTH HOLLAND	5	$3.5M	$692K	—
First Eagle Bank	CHICAGO	5	$1.2M	$236K	—
Belmont Bank & Trust Company	CHICAGO	5	$5.3M	$1.1M	—
Peoples National Bank of Kewanee	KEWANEE	4	$2.6M	$646K	—
1NB Bank	CARLYLE	4	$1.0M	$261K	—
Resource Bank, National Association	DEKALB	4	$620K	$155K	—
BankOrion	ORION	4	$759K	$190K	—
Peru Federal Savings Bank	Peru	4	$1.2M	$297K	—
Bank of O'Fallon	O'FALLON	3	$384K	$128K	—
SomerCor 504, Inc.	Chicago	3	$230K	$77K	—
Carrollton Bank	CARROLLTON	3	$6.3M	$2.1M	—
Lakeside Bank	CHICAGO	2	$5.5M	$2.8M	—
First Nations Bank	CHICAGO	2	$3.5M	$1.8M	—
Bank & Trust Company	LITCHFIELD	2	$2.6M	$1.3M	—
FNBC Bank and Trust	LA GRANGE	2	$784K	$392K	—
TrustBank	OLNEY	2	$1.9M	$940K	—
Farmers State Bank of Western Illinois	ALPHA	2	$662K	$331K	—
Sauk Valley Bank & Trust Company	STERLING	2	$726K	$363K	—
First Security Bank	MACKINAW	2	$752K	$376K	—
Parkway Bank and Trust Company	HARWOOD HEIGHTS	2	$325K	$163K	—
Waterman Bank	WATERMAN	2	$1.9M	$955K	—
Prairie State Bank and Trust	SPRINGFIELD	2	$800K	$400K	—
First Neighbor Bank, National Association	TOLEDO	2	$3.6M	$1.8M	—
First State Bank	MENDOTA	1	$4.5M	$4.5M	—
First State Bank and Trust	MONTICELLO	1	$350K	$350K	—
Bank of Pontiac	PONTIAC	1	$108K	$108K	—
Camp Grove State Bank	CAMP GROVE	1	$1.3M	$1.3M	—
Citizens Community Bank	MASCOUTAH	1	$175K	$175K	—
Williamsville State Bank & Trust	WILLIAMSVILLE	1	$80K	$80K	—
Washington Savings Bank	EFFINGHAM	1	$236K	$236K	—
The Litchfield National Bank	LITCHFIELD	1	$25K	$25K	—
Blackhawk Bank & Trust	MILAN	1	$268K	$268K	—
Iroquois Federal Savings & Loan Association	WATSEKA	1	$118K	$118K	—
Better Banks	PEORIA	1	$240K	$240K	—
Teutopolis State Bank	TEUTOPOLIS	1	$755K	$755K	—
Credit Union 1	Lombard	1	$184K	$184K	—
Flanagan State Bank	Flanagan	1	$192K	$192K	—
Security Bank, S.B.	SPRINGFIELD	1	$77K	$77K	—
Petefish, Skiles & Co.	VIRGINIA	1	$3.0M	$3.0M	—
First Southern Bank	MARION	1	$215K	$215K	—
Dieterich Bank	EFFINGHAM	1	$135K	$135K	—

Finding an SBA Lender in Illinois

There are currently 104 SBA-approved lenders headquartered in Illinois, ranging from national banks to local community lenders. Together they have approved 8,849 SBA 7(a) loans totaling $7.9B since 2020.

Of these, 36 are SBA Preferred Lenders — meaning they have delegated authority to approve SBA loans without prior SBA review, resulting in faster processing and funding.

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