SBA business acquisition loans in Illinois
733 SBA 7(a) change-of-ownership loans totaling $878.2M in FY2024 to FY2026, median $690K, from 119 lenders.
League table
National rankings Top lenders
Top 25 by number of loans, FY2024 to FY2026
| Rank | Lender | Loans | Dollars | Median | FY24–26 trend |
|---|---|---|---|---|---|
| 1 | Huntington National BankColumbus, OH | 130 | $81.0M | $300K | −11% |
| 2 | Byline BankChicago, IL | 76 | $105.0M | $1.1M | +120% |
| 3 | Live Oak Banking CompanyWilmington, NC | 71 | $86.9M | $882K | +5% |
| 4 | Old National BankEvansville, IN | 22 | $39.0M | $929K | −82% |
| 4 | Bank of SpringfieldSpringfield, IL | 22 | $10.0M | $250K | +14% |
| 6 | GBankLas Vegas, NV | 21 | $75.8M | $3.6M | −50% |
| 7 | Merchants Bank of IndianaCarmel, IN | 17 | $29.4M | $1.2M | +33% |
| 7 | Centerstone SBA Lending, Inc.Los Angeles, CA | 17 | $19.1M | $1.0M | −71% |
| 9 | St. Charles Bank & Trust CompanySaint Charles, IL | 14 | $12.7M | $412K | −14% |
| 10 | VelocitySBA, LLCIrving, TX | 13 | $13.0M | $688K | −33% |
| 10 | Midland States BankEffingham, IL | 13 | $11.0M | $248K | −88% |
| 12 | Busey BankChampaign, IL | 12 | $16.4M | $1.3M | −83% |
| 12 | First American Bank (Elk Grove Village, IL)Elk Grove Village, IL | 12 | $12.9M | $587K | +50% |
| 14 | PathwardSioux Falls, SD | 11 | $23.1M | $1.4M | +33% |
| 15 | Hinsdale Bank & Trust CompanyHinsdale, IL | 9 | $11.5M | $350K | new |
| 15 | Barrington Bank & Trust CompanyBarrington, IL | 9 | $9.7M | $810K | −100% |
| 15 | Fifth Third BankCincinnati, OH | 9 | $4.8M | $363K | new |
| 18 | Celtic BankSalt Lake City, UT | 8 | $17.2M | $1.7M | +0% |
| 18 | Pan American Bank & TrustMelrose Park, IL | 8 | $8.8M | $703K | −100% |
| 20 | First Internet Bank of IndianaFishers, IN | 7 | $14.5M | $1.2M | +100% |
| 20 | Truliant FCUWinston-Salem, NC | 7 | $10.9M | $947K | −67% |
| 20 | Peoples National BankMount Vernon, IL | 7 | $10.6M | $325K | new |
| 20 | Northbrook Bank & Trust CompanyNorthbrook, IL | 7 | $7.7M | $1.0M | +0% |
| 20 | CenTrust BankNorthbrook, IL | 7 | $7.1M | $845K | −75% |
| 25 | Village Bank and TrustArlington Heights, IL | 6 | $10.5M | $1.5M | +200% |
Ranked by number of loans; ties broken by dollars. Bars are scaled to the leader. Trend: loans per fiscal year, FY2024 to FY2026, with the change from FY2024 to FY2026.
Loan size
Deal size mix
- Under $350K210 loans · 29% · $35.4M
- $350K to $1M236 loans · 32% · $144.8M
- $1M to $2M137 loans · 19% · $197.0M
- $2M to $5M150 loans · 20% · $501.0M
Volume
By fiscal year
| Fiscal year | Loans | Dollars |
|---|---|---|
| FY2024 | 238 | $264.1M |
| FY2025 | 281 | $333.3M |
| FY2026 | 214 | $280.8M |
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