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SBA lenders in Lansing, IL

SBA 7(a) and 504 loans to businesses in Lansing (Cook County), October 2021 to June 30, 2026 · Updated October 15, 2026
30
SBA loans approved
$27.0M
Total approved
$150,000
Median loan
17
Lenders active
33%
To startups

30 SBA loans worth $27.0M went to businesses in Lansing, IL between October 2021 and June 2026, from 17 lenders. U.S. Bank made the most, 5 loans. The median loan was $150,000, compared with $231,000 across Illinois, and restaurants and hotels was the most financed industry.

Most active SBA lenders in Lansing

#LenderLoansApprovedMedian loanTo startups
1U.S. Bank
Bank · Cincinnati, OH
5$144K$30,00060%
2Huntington National Bank
Bank · Columbus, OH
4$240K$51,05025%
3GBank
Bank · Las Vegas, NV
3$11.9M$4,044,00067%
4First Internet Bank of Indiana
Bank · Fishers, IN
2$3.8M$1,905,500100%
5SomerCor 504
Certified development company · Chicago, IL
2$3.4M$1,700,0000%
6Newtek Bank
Bank · Miami, FL
2$1.8M$875,0000%
7Northeast Bank
Bank · Portland, ME
2$200K$100,0000%
8Merchants Bank of Indiana
Bank · Carmel, IN
1$2.6M$2,559,5000%
9First National Bank of Pennsylvania
Bank · Greenville, PA
1$850K$850,000100%
10Byline Bank
Bank · Chicago, IL
1$499K$499,0000%
11Small Business Growth
Certified development company · Springfield, IL
1$498K$498,0000%
12Old Plank Trail Community Bank
Bank · New Lenox, IL
1$455K$455,0000%
13Live Oak Banking
Bank · Wilmington, NC
1$375K$375,0000%
14Heritage Bank
Bank · Burlington, KY
1$232K$232,000100%
15Readycap Lending
Non-bank lender · Berkeley Heights, NJ
1$50K$50,0000%
7(a) and 504 lenders combined, ranked by number of loans to businesses in Lansing. For 504 loans the lender shown is the certified development company.

What gets financed in Lansing

IndustryLoansShareMedian loanMost active lender
Restaurants and hotels6
20%
$3,127,250GBank
Administrative and support services4
13%
$191,000First Internet Bank of Indiana
Construction3
10%
$50,000U.S. Bank
Health care and social assistance3
10%
$110,000Huntington National Bank
Transportation and warehousing2
7%
$324,000Small Business Growth
Professional and technical services2
7%
$212,500Live Oak Banking
Retail2
7%
$31,500U.S. Bank
Management of companies1
3%
$50,000U.S. Bank
Loan size mix
  • Under $150,00047%
  • $150,000 to $500,00027%
  • $500,000 to $2 million7%
  • $2 million and up20%
Compared with Illinois
Median loan, Lansing
$150,000
Median loan, Illinois
$231,000
Startup share, Lansing
33%
Startup share, Illinois
27%
Share of state's SBA loans
0.3%

SBA loans per fiscal year in Lansing

071320FY14FY15: 3 loansFY15FY16: 7 loansFY16FY17: 3 loansFY17FY18: 6 loansFY18FY19: 4 loansFY19FY20: 1 loansFY20FY21: 5 loansFY21FY22: 5 loansFY22FY23: 5 loansFY23FY24: 11 loansFY2411FY25: 6 loansFY25FY26 (Oct to Jun): 3 loansFY263
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.