SBA Lending by State · Illinois
SBA Lending in Illinois
Illinois is a mid-sized SBA market concentrated in personal services, growing +3%.
- 64,630
- Total SBA loans
- $23.0B
- Approved dollars
- 4.9
- Loans per 1,000 businesses / yr
- +3%
- Growth, 2010s to 2020s
- 6.6%
- Active-status distress
- #7
- Rank, national volume
- #39
- Rank, loans per business
Every SBA 7(a) and 504 approval recorded for Illinois since 1991 sits in the public federal file. Illinois accounts for 64,630 of them, worth $23.0B, split 55,000 under 7(a) and 9,630 under 504. Roughly 11% of 7(a) approvals went to startups and new businesses.
Top industries funded in Illinois
Program mix
- 55,000
- 7(a) loans
- 9,630
- 504 loans
- 11%
- To startups & new businesses
- 89%
- To existing businesses
SBA lending by city in Illinois
See Illinois on the interactive map
Drill Illinois to the zip-code level, see its top lenders, and shade it by growth, dollars, or distress.
Explore Illinois on the map ↗Loan counts and dollars cover SBA 7(a) and 504, approved and not cancelled, gross basis. Growth, active-status distress, per-business rates, industries, and startup share describe the 7(a) book. Approval is not funding. FOIA record as of March 31, 2026. Methodology.