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SBA lenders in West Chicago, IL

SBA 7(a) and 504 loans to businesses in West Chicago (DuPage County), October 2021 to June 30, 2026 · Updated October 15, 2026
58
SBA loans approved
$40.7M
Total approved
$350,000
Median loan
25
Lenders active
22%
To startups

58 SBA loans worth $40.7M went to businesses in West Chicago, IL between October 2021 and June 2026, from 25 lenders. Huntington National Bank made the most, 15 loans. The median loan was $350,000, compared with $231,000 across Illinois, and manufacturing was the most financed industry.

Most active SBA lenders in West Chicago

#LenderLoansApprovedMedian loanTo startups
1Huntington National Bank
Bank · Columbus, OH
15$8.1M$100,00020%
2Small Business Growth
Certified development company · Springfield, IL
5$5.2M$718,0000%
3SomerCor 504
Certified development company · Chicago, IL
4$3.6M$1,043,0000%
4Readycap Lending
Non-bank lender · Berkeley Heights, NJ
3$5.1M$77,50033%
5Barrington Bank & Trust Company
Bank · Barrington, IL
3$1.4M$350,00033%
6Fifth Third Bank
Bank · Cincinnati, OH
3$586K$157,50033%
7JPMorgan Chase Bank
Bank · Columbus, OH
3$325K$60,0000%
8Harvest Small Business Finance
Non-bank lender · Laguna Hills, CA
2$2.2M$1,108,7500%
9Byline Bank
Bank · Chicago, IL
2$1.6M$780,00050%
10Midland States Bank
Bank · Effingham, IL
2$678K$339,00050%
11U.S. Bank
Bank · Cincinnati, OH
2$293K$146,600100%
12First Internet Bank of Indiana
Bank · Fishers, IN
1$4.3M$4,310,0000%
13Beacon Bank and Trust
Bank · Boston, MA
1$1.5M$1,454,0000%
14VelocitySBA
Non-bank lender · Irving, TX
1$1.4M$1,447,000100%
15Bank of America
Bank · Charlotte, NC
1$914K$913,8000%
7(a) and 504 lenders combined, ranked by number of loans to businesses in West Chicago. For 504 loans the lender shown is the certified development company.

What gets financed in West Chicago

IndustryLoansShareMedian loanMost active lender
Manufacturing11
19%
$350,000Fifth Third Bank
Transportation and warehousing8
14%
$94,900Huntington National Bank
Construction8
14%
$377,500Huntington National Bank
Other services (repair, personal care)7
12%
$190,000Celtic Bank
Wholesale trade6
10%
$803,000Small Business Growth
Administrative and support services5
9%
$561,000Huntington National Bank
Retail4
7%
$1,137,500Huntington National Bank
Restaurants and hotels3
5%
$373,000SomerCor 504
Loan size mix
  • Under $150,00033%
  • $150,000 to $500,00028%
  • $500,000 to $2 million34%
  • $2 million and up5%
Compared with Illinois
Median loan, West Chicago
$350,000
Median loan, Illinois
$231,000
Startup share, West Chicago
22%
Startup share, Illinois
27%
Share of state's SBA loans
0.5%

SBA loans per fiscal year in West Chicago

071320FY14: 9 loansFY14FY15: 15 loansFY15FY16: 12 loansFY16FY17: 15 loansFY17FY18: 11 loansFY18FY19: 7 loansFY19FY20: 11 loansFY20FY21: 9 loansFY21FY22: 5 loansFY22FY23: 13 loansFY23FY24: 11 loansFY24FY25: 17 loansFY2517FY26 (Oct to Jun): 12 loansFY2612
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.