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SBA lenders in Morris, IL

SBA 7(a) and 504 loans to businesses in Morris (Grundy County), October 2021 to June 30, 2026 · Updated October 15, 2026
32
SBA loans approved
$23.5M
Total approved
$315,000
Median loan
15
Lenders active
22%
To startups

32 SBA loans worth $23.5M went to businesses in Morris, IL between October 2021 and June 2026, from 15 lenders. Small Business Growth made the most, 9 loans. The median loan was $315,000, compared with $231,000 across Illinois, and manufacturing was the most financed industry.

Most active SBA lenders in Morris

#LenderLoansApprovedMedian loanTo startups
1Small Business Growth
Certified development company · Springfield, IL
9$2.8M$244,0000%
2Byline Bank
Bank · Chicago, IL
6$10.9M$2,000,00017%
3SomerCor 504
Certified development company · Chicago, IL
2$1.1M$535,50050%
4St. Charles Bank & Trust Company
Bank · St. Charles, IL
2$630K$315,0000%
5Huntington National Bank
Bank · Columbus, OH
2$474K$237,25050%
6United Midwest Savings Bank
Bank · Degraff, OH
2$300K$150,000100%
7Centerstone SBA Lending
Non-bank lender · Los Angeles, CA
1$3.5M$3,505,0000%
8Bank Five Nine
Bank · Oconomowoc, WI
1$1.5M$1,507,0000%
9Live Oak Banking
Bank · Wilmington, NC
1$1.5M$1,485,000100%
10Midland States Bank
Bank · Effingham, IL
1$500K$500,000100%
11Newtek Bank
Bank · Miami, FL
1$100K$100,0000%
12Village Bank and Trust
Bank · Arlington Heights, IL
1$100K$100,0000%
13Northeast Bank
Bank · Portland, ME
1$40K$40,0000%
14JPMorgan Chase Bank
Bank · Columbus, OH
1$10K$10,0000%
15U.S. Bank
Bank · Cincinnati, OH
1$10K$10,0000%
7(a) and 504 lenders combined, ranked by number of loans to businesses in Morris. For 504 loans the lender shown is the certified development company.

What gets financed in Morris

IndustryLoansShareMedian loanMost active lender
Manufacturing5
16%
$100,000St. Charles Bank & Trust Company
Wholesale trade5
16%
$2,000,000Byline Bank
Construction4
12%
$175,000United Midwest Savings Bank
Restaurants and hotels4
12%
$503,500Small Business Growth
Other services (repair, personal care)4
12%
$751,500Small Business Growth
Transportation and warehousing3
9%
$100,000Small Business Growth
Health care and social assistance2
6%
$127,000JPMorgan Chase Bank
Real estate and rental2
6%
$824,500Bank Five Nine
Loan size mix
  • Under $150,00022%
  • $150,000 to $500,00038%
  • $500,000 to $2 million22%
  • $2 million and up19%
Compared with Illinois
Median loan, Morris
$315,000
Median loan, Illinois
$231,000
Startup share, Morris
22%
Startup share, Illinois
27%
Share of state's SBA loans
0.3%

SBA loans per fiscal year in Morris

03710FY14: 2 loansFY14FY15: 2 loansFY15FY16: 1 loansFY16FY17: 3 loansFY17FY18: 3 loansFY18FY19: 5 loansFY19FY20: 2 loansFY20FY21: 3 loansFY21FY22: 9 loansFY229FY23: 5 loansFY23FY24: 5 loansFY24FY25: 7 loansFY25FY26 (Oct to Jun): 6 loansFY266
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.