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SBA lenders in Hoffman Estates, IL

SBA 7(a) and 504 loans to businesses in Hoffman Estates (Cook County), October 2021 to June 30, 2026 · Updated October 15, 2026
64
SBA loans approved
$21.1M
Total approved
$136,100
Median loan
25
Lenders active
12%
To startups

64 SBA loans worth $21.1M went to businesses in Hoffman Estates, IL between October 2021 and June 2026, from 25 lenders. Huntington National Bank made the most, 20 loans. The median loan was $136,100, compared with $231,000 across Illinois, and transportation and warehousing was the most financed industry.

Most active SBA lenders in Hoffman Estates

#LenderLoansApprovedMedian loanTo startups
1Huntington National Bank
Bank · Columbus, OH
20$2.0M$47,50015%
2Readycap Lending
Non-bank lender · Berkeley Heights, NJ
8$506K$50,0000%
3Newtek Bank
Bank · Miami, FL
4$1.8M$350,00025%
4U.S. Bank
Bank · Cincinnati, OH
4$1.0M$258,5000%
5Northeast Bank
Bank · Portland, ME
4$875K$232,5000%
6JPMorgan Chase Bank
Bank · Columbus, OH
3$385K$100,0000%
7Small Business Growth
Certified development company · Springfield, IL
2$2.2M$1,088,0000%
8BayFirst National Bank
Bank · St. Petersburg, FL
2$300K$150,0000%
9GBank
Bank · Las Vegas, NV
1$5.0M$5,000,0000%
10First Business Bank
Bank · Madison, WI
1$1.0M$1,000,0000%
11Busey Bank
Bank · Champaign, IL
1$1.0M$1,000,0000%
12CenTrust Bank, A Division of SmartBiz Bank
Bank · Northbrook, IL
1$994K$994,0000%
13Meridian Bank
Bank · Wayne, PA
1$750K$750,0000%
14Pan American Bank & Trust
Bank · Melrose Park, IL
1$600K$600,0000%
15Citizens Bank
Bank · Elizabethton, TN
1$498K$498,300100%
7(a) and 504 lenders combined, ranked by number of loans to businesses in Hoffman Estates. For 504 loans the lender shown is the certified development company.

What gets financed in Hoffman Estates

IndustryLoansShareMedian loanMost active lender
Transportation and warehousing13
20%
$130,000Huntington National Bank
Health care and social assistance11
17%
$126,000Readycap Lending
Construction11
17%
$250,000Huntington National Bank
Professional and technical services6
9%
$70,000Readycap Lending
Restaurants and hotels6
9%
$472,000U.S. Bank
Administrative and support services4
6%
$147,500Huntington National Bank
Retail3
5%
$50,000Huntington National Bank
Manufacturing3
5%
$50,000Huntington National Bank
Loan size mix
  • Under $150,00052%
  • $150,000 to $500,00033%
  • $500,000 to $2 million14%
  • $2 million and up2%
Compared with Illinois
Median loan, Hoffman Estates
$136,100
Median loan, Illinois
$231,000
Startup share, Hoffman Estates
12%
Startup share, Illinois
27%
Share of state's SBA loans
0.5%

SBA loans per fiscal year in Hoffman Estates

0102030FY14: 10 loansFY14FY15: 11 loansFY15FY16: 15 loansFY16FY17: 7 loansFY17FY18: 8 loansFY18FY19: 11 loansFY19FY20: 7 loansFY20FY21: 10 loansFY21FY22: 5 loansFY22FY23: 8 loansFY23FY24: 17 loansFY24FY25: 24 loansFY2524FY26 (Oct to Jun): 10 loansFY2610
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.