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SBA lenders in Downers Grove, IL

SBA 7(a) and 504 loans to businesses in Downers Grove (DuPage County), October 2021 to June 30, 2026 · Updated October 15, 2026
95
SBA loans approved
$52.3M
Total approved
$280,000
Median loan
35
Lenders active
29%
To startups

95 SBA loans worth $52.3M went to businesses in Downers Grove, IL between October 2021 and June 2026, from 35 lenders. Huntington National Bank made the most, 22 loans. The median loan was $280,000, compared with $231,000 across Illinois, and health care and social assistance was the most financed industry.

Most active SBA lenders in Downers Grove

#LenderLoansApprovedMedian loanTo startups
1Huntington National Bank
Bank · Columbus, OH
22$9.5M$161,55041%
2Small Business Growth
Certified development company · Springfield, IL
10$6.1M$620,5000%
3Newtek Bank
Bank · Miami, FL
7$1.1M$100,00029%
4Northeast Bank
Bank · Portland, ME
5$1.1M$250,00020%
5Hinsdale Bank & Trust Company
Bank · Hinsdale, IL
4$6.9M$725,00050%
6U.S. Bank
Bank · Cincinnati, OH
4$778K$62,50050%
7BayFirst National Bank
Bank · St. Petersburg, FL
4$550K$150,0000%
8PNC Bank
Bank · Wilmington, DE
3$1.3M$300,000100%
9Celtic Bank
Bank · Salt Lake City, UT
3$1.1M$150,00033%
10SomerCor 504
Certified development company · Chicago, IL
2$2.0M$982,5000%
11First National Bank of Omaha
Bank · Omaha, NE
2$684K$342,0000%
12Readycap Lending
Non-bank lender · Berkeley Heights, NJ
2$650K$325,0000%
13Lendistry SBLC
Non-bank lender · Los Angeles, CA
2$300K$150,0000%
14JPMorgan Chase Bank
Bank · Columbus, OH
2$300K$150,0000%
15Wheaton Bank & Trust Company
Bank · Wheaton, IL
2$290K$145,000100%
7(a) and 504 lenders combined, ranked by number of loans to businesses in Downers Grove. For 504 loans the lender shown is the certified development company.

What gets financed in Downers Grove

IndustryLoansShareMedian loanMost active lender
Health care and social assistance11
12%
$150,000BayFirst National Bank
Restaurants and hotels11
12%
$763,000Huntington National Bank
Retail11
12%
$280,000Huntington National Bank
Manufacturing11
12%
$335,000Huntington National Bank
Professional and technical services10
11%
$325,000Huntington National Bank
Construction9
9%
$66,700Newtek Bank
Administrative and support services7
7%
$300,000Huntington National Bank
Transportation and warehousing6
6%
$108,500Wheaton Bank & Trust Company
Loan size mix
  • Under $150,00027%
  • $150,000 to $500,00038%
  • $500,000 to $2 million31%
  • $2 million and up4%
Compared with Illinois
Median loan, Downers Grove
$280,000
Median loan, Illinois
$231,000
Startup share, Downers Grove
29%
Startup share, Illinois
27%
Share of state's SBA loans
0.8%

SBA loans per fiscal year in Downers Grove

0102030FY14: 9 loansFY14FY15: 11 loansFY15FY16: 12 loansFY16FY17: 20 loansFY17FY18: 11 loansFY18FY19: 14 loansFY19FY20: 19 loansFY20FY21: 21 loansFY21FY22: 16 loansFY22FY23: 16 loansFY23FY24: 19 loansFY24FY25: 24 loansFY2524FY26 (Oct to Jun): 20 loansFY2620
Fiscal year runs October to September. Fiscal 2026 covers October 2025 to June 2026 only.
Data from the U.S. Small Business Administration's public 7(a) and 504 loan records (through June 30, 2026) and FDIC call-report data (quarter ending June 30, 2026). US Lender Metrics is not affiliated with the SBA, FDIC, FFIEC, NCUA or any lender, is not a lender or loan broker, and does not make credit decisions. Information only; not financial, legal or lending advice. © 2026 US Lender Metrics.