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Illinois · Information
SBA loans for information in Illinois
352 loans worth $162.6M approved since FY2010 for information projects located in Illinois.
Loans
352
Approved
$162.6M
Median loan
$150,000
+0% vs sector nationally
Median rate
6.92%
Jobs supported
3,949
Source: U.S. Small Business Administration, SBA 7(a) and 504 FOIA data, as of 2026-06-30. Approvals from FY2010 onward. How we calculate this.
Lenders
Who lends to information in Illinois
| Lender | Loans | Approved | Share |
|---|---|---|---|
| JPMorgan Chase Bank | 61 | $18.0M | |
| Small Business Growth Corporation | 22 | $16.4M | |
| Byline Bank | 11 | $11.8M | |
| U.S. Bank | 26 | $9.2M | |
| Newtek Small Business Finance, Inc. | 6 | $9.0M | |
| Village Bank and Trust | 15 | $7.8M | |
| SomerCor 504, Inc. | 10 | $6.4M | |
| The Huntington National Bank | 20 | $6.3M |
Detail
Which industries inside the sector
An SBA 7(a) lender for loans this size
The median SBA loan approved for information in Illinois since FY2010 was $150,000. SmartBiz makes SBA 7(a) loans up to $500,000. It is shown here as a separate, labelled option, outside the data rankings on this page. You apply on their site - we do not take applications and never see your information.
Check options with SmartBizWe may be paid if you apply through this link. It does not change what we publish, and no lender can buy a place in our rankings. Details.
All SBA lending in Illinois
37,253 loans across every sector.
Information nationally
11,001 loans across all states.
How SBA 7(a) works
Eligibility, caps, fees, and the timeline.
Common questions
- How many SBA loans go to information businesses in Illinois?
- 352 SBA loans totalling $162,617,300 have been approved for information projects in Illinois since FY2010.
- Which lenders finance information in Illinois?
- The most active by dollars approved are JPMorgan Chase Bank, Small Business Growth Corporation, Byline Bank, U.S. Bank. Several are national lenders with no local branch - SBA lending crosses state lines freely.
- What is a typical loan size for information in Illinois?
- The median approval is $150,000.
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