29 SBA loans worth $9.2M went to businesses in Belvidere, IL between October 2021 and June 2026, from 15 lenders. Huntington National Bank made the most, 8 loans. The median loan was $225,000, compared with $231,000 across Illinois, and construction was the most financed industry.
| # | Lender | Loans | Approved | Median loan | To startups |
|---|---|---|---|---|---|
| 1 | Huntington National Bank Bank · Columbus, OH | 8 | $2.7M | $175,000 | 75% |
| 2 | Northeast Bank Bank · Portland, ME | 3 | $750K | $250,000 | 0% |
| 3 | First Internet Bank of Indiana Bank · Fishers, IN | 2 | $785K | $392,500 | 0% |
| 4 | Byline Bank Bank · Chicago, IL | 2 | $500K | $250,000 | 0% |
| 5 | BayFirst National Bank Bank · St. Petersburg, FL | 2 | $300K | $150,000 | 0% |
| 6 | JPMorgan Chase Bank Bank · Columbus, OH | 2 | $65K | $32,500 | 0% |
| 7 | Wells Fargo Bank Bank · Sioux Falls, SD | 2 | $35K | $17,500 | 100% |
| 8 | Celtic Bank Bank · Salt Lake City, UT | 1 | $1.1M | $1,142,000 | 0% |
| 9 | Shoreham Bank Bank · Warwick, RI | 1 | $755K | $755,000 | 0% |
| 10 | Newtek Bank Bank · Miami, FL | 1 | $600K | $600,000 | 100% |
| 11 | Pan American Bank & Trust Bank · Melrose Park, IL | 1 | $500K | $500,000 | 100% |
| 12 | Midland States Bank Bank · Effingham, IL | 1 | $395K | $395,000 | 0% |
| 13 | Centerstone SBA Lending Non-bank lender · Los Angeles, CA | 1 | $280K | $280,000 | 0% |
| 14 | Newtek Small Business Finance Non-bank lender · Lake Success, NY | 1 | $225K | $225,000 | 100% |
| 15 | Readycap Lending Non-bank lender · Berkeley Heights, NJ | 1 | $200K | $200,000 | 0% |
| Industry | Loans | Share | Median loan | Most active lender |
|---|---|---|---|---|
| Construction | 11 | $200,000 | Huntington National Bank | |
| Retail | 8 | $340,000 | First Internet Bank of Indiana | |
| Restaurants and hotels | 5 | $375,000 | Huntington National Bank | |
| Administrative and support services | 2 | $112,500 | Huntington National Bank | |
| Manufacturing | 1 | $150,000 | BayFirst National Bank | |
| Professional and technical services | 1 | $225,000 | Newtek Small Business Finance | |
| Other services (repair, personal care) | 1 | $600,000 | Newtek Bank |