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Illinois · Wholesale
SBA loans for wholesale in Illinois
1,986 loans worth $1.27B approved since FY2010 for wholesale trade projects located in Illinois.
Loans
1,986
Approved
$1.27B
Median loan
$300,000
+20% vs sector nationally
Median rate
6.25%
Jobs supported
18,476
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 wholesale in Illinois
| Lender | Loans | Approved | Share |
|---|---|---|---|
| Small Business Growth Corporation | 237 | $220.7M | |
| Byline Bank | 121 | $137.2M | |
| SomerCor 504, Inc. | 131 | $114.5M | |
| The Huntington National Bank | 156 | $53.3M | |
| First American Bank | 76 | $52.1M | |
| Busey Bank | 31 | $50.2M | |
| JPMorgan Chase Bank | 208 | $41.5M | |
| U.S. Bank | 118 | $35.9M |
Detail
Which industries inside the sector
An SBA 7(a) lender for loans this size
The median SBA loan approved for wholesale in Illinois since FY2010 was $300,000. 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.
Wholesale nationally
52,654 loans across all states.
How SBA 7(a) works
Eligibility, caps, fees, and the timeline.
Common questions
- How many SBA loans go to wholesale businesses in Illinois?
- 1,986 SBA loans totalling $1,268,334,200 have been approved for wholesale trade projects in Illinois since FY2010.
- Which lenders finance wholesale in Illinois?
- The most active by dollars approved are Small Business Growth Corporation, Byline Bank, SomerCor 504, Inc., The Huntington National Bank. Several are national lenders with no local branch - SBA lending crosses state lines freely.
- What is a typical loan size for wholesale in Illinois?
- The median approval is $300,000, 20% above the national median for this sector ($250,000).
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