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SBA lenders in Palos Hills, IL

SBA 7(a) and 504 loans to businesses in Palos Hills (Cook County), October 2021 to June 30, 2026 · Updated October 15, 2026
29
SBA loans approved
$10.5M
Total approved
$120,000
Median loan
12
Lenders active
14%
To startups

29 SBA loans worth $10.5M went to businesses in Palos Hills, IL between October 2021 and June 2026, from 12 lenders. Huntington National Bank made the most, 11 loans. The median loan was $120,000, compared with $231,000 across Illinois, and transportation and warehousing was the most financed industry.

Most active SBA lenders in Palos Hills

#LenderLoansApprovedMedian loanTo startups
1Huntington National Bank
Bank · Columbus, OH
11$1.1M$60,0009%
2JPMorgan Chase Bank
Bank · Columbus, OH
5$1.1M$120,0000%
3SomerCor 504
Certified development company · Chicago, IL
2$4.6M$2,282,0000%
4Northeast Bank
Bank · Portland, ME
2$240K$120,0000%
5Readycap Lending
Non-bank lender · Berkeley Heights, NJ
2$144K$72,00050%
6Columbia Bank
Bank · Roseburg, OR
1$775K$775,0000%
7Regional Development
Certified development company · Valparaiso, IN
1$681K$681,0000%
8City National Bank of Florida
Bank · Miami, FL
1$500K$500,0000%
9CenTrust Bank, A Division of SmartBiz Bank
Bank · Northbrook, IL
1$486K$486,000100%
10VelocitySBA
Non-bank lender · Irving, TX
1$437K$437,000100%
11Lendistry SBLC
Non-bank lender · Los Angeles, CA
1$350K$350,0000%
12BayFirst National Bank
Bank · St. Petersburg, FL
1$150K$150,0000%
7(a) and 504 lenders combined, ranked by number of loans to businesses in Palos Hills. For 504 loans the lender shown is the certified development company.

What gets financed in Palos Hills

IndustryLoansShareMedian loanMost active lender
Transportation and warehousing13
45%
$75,000Huntington National Bank
Professional and technical services6
21%
$310,000JPMorgan Chase Bank
Construction5
17%
$60,000Huntington National Bank
Retail2
7%
$583,500CenTrust Bank, A Division of SmartBiz Bank
Administrative and support services1
3%
$30,000JPMorgan Chase Bank
Finance and insurance1
3%
$110,000Readycap Lending
Other services (repair, personal care)1
3%
$150,000BayFirst National Bank
Loan size mix
  • Under $150,00055%
  • $150,000 to $500,00024%
  • $500,000 to $2 million17%
  • $2 million and up3%
Compared with Illinois
Median loan, Palos Hills
$120,000
Median loan, Illinois
$231,000
Startup share, Palos Hills
14%
Startup share, Illinois
27%
Share of state's SBA loans
0.2%

SBA loans per fiscal year in Palos Hills

0369FY14: 1 loansFY14FY15: 1 loansFY15FY16: 1 loansFY16FY17: 3 loansFY17FY18: 5 loansFY18FY19: 3 loansFY19FY20FY21: 1 loansFY21FY22: 7 loansFY22FY23: 5 loansFY23FY24: 8 loansFY248FY25: 7 loansFY25FY26 (Oct to Jun): 2 loansFY262
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.