SBA Lenders in Illinois
216 SBA lenders have funded 31,260 approved SBA loans for Illinois businesses.
73 are based in Illinois; the rest are national or multi-state lenders that actively fund Illinois businesses.
Featured in Illinois
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SBA lenders serving Illinois
All 216 lenders that fund SBA loans for Illinois businesses — 73 based in Illinois, plus national and multi-state lenders. Multi-state listings link to their branch finder for Illinois.
212 lenders
Port 51 Lending LLC
2 Park Avenue
New York, New York
Serves Illinois — 15 approved
Find a local branch →Bank5.0(45)
Beacon Bank and Trust
2 Harvard Street
Brookline, Massachusetts
Serves Illinois — 34 approved
Find a local branch →Bank5.0(8)
Bank5.0(8)
Quad City Bank and Trust Company
2118 Middle Rd
Bettendorf, Iowa
Serves Illinois — 35 approved
Find a local branch →Bank5.0(6)
American Bank of Freedom
106 E Hudson
Wellsville, Missouri
Serves Illinois — 14 approved
Find a local branch →Bank5.0(2)KeyBank National Association
127 Public Sq
Cleveland, Ohio
Serves Illinois — 25 approved
Find a local branch →Bank5.0(2)22nd State Bank, A Division of 22nd State Banking Company
51 St. Joseph St
Mobile, Alabama
Serves Illinois — 7 approved
Find a local branch →Bank5.0(1)Centerstone SBA Lending, Inc.
700 S Flower Street
Los Angeles, California
Serves Illinois — 45 approved
Find a local branch →Bank5.0(1)
First National Bank
307 Hustan Ave
Fort Pierre, South Dakota
Serves Illinois — 6 approved
Find a local branch →Bank5.0(1)
Genesis Bank
4675 MacArthur Ct, Ste 1600
Newport Beach, California
Serves Illinois — 8 approved
Find a local branch →Bank5.0(1)
Fountainhead SBF LLC
201 S. Bumby Ave.
Orlando, Florida
Serves Illinois — 5 approved
Find a local branch →Bank4.9(2276)
Bank4.9(109)
Bank4.9(29)
Lendistry SBLC, LLC
767 South Alameda Street
Los Angeles, California
Serves Illinois — 118 approved
Find a local branch →Bank4.8(3862)
First Commonwealth Bank
654 Philadelphia St
Indiana, Pennsylvania
Serves Illinois — 9 approved
Find a local branch →Bank4.8(438)
The Central Trust Bank
238 Madison St
Jefferson City, Missouri
Serves Illinois — 12 approved
Find a local branch →Bank4.8(181)
Bank4.8(142)
Merchants Bank of Indiana
410 Monon Blvd
Carmel, Indiana
Serves Illinois — 114 approved
Find a local branch →Bank4.8(25)
Bank4.7(172)
Meridian Bank
9 Old Lincoln Hwy
Malvern, Pennsylvania
Serves Illinois — 5 approved
Find a local branch →Bank4.7(40)
Bank4.7(35)
Paragon Bank
5400 Poplar Ave, Ste 150
Memphis, Tennessee
Serves Illinois — 6 approved
Find a local branch →Bank4.7(6)
Bank4.6(510)
First Bank of the Lake
4558 Osage Beach Pkwy, Ste 100
Osage Beach, Missouri
Serves Illinois — 60 approved
Find a local branch →Bank4.6(207)
Southern Bank
2991 Oak Grove Rd
Poplar Bluff, Missouri
Serves Illinois — 11 approved
Find a local branch →Bank4.6(58)
Bank4.6(23)
Banc of California
11611 San Vicente Blvd, Ste 50
Los Angeles, California
Serves Illinois — 36 approved
Find a local branch →Bank4.6(22)
First Bank
205 SE Broad St
Southern Pines, North Carolina
Serves Illinois — 23 approved
Find a local branch →Bank4.6(10)
Skip the calling-around in Illinois
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Get My Illinois ShortlistIllinois SBA lender questions
How many SBA lenders serve Illinois?
216 lenders have funded SBA loans for Illinois businesses (31,260 approved loans in total) — 73 based in Illinois, plus national and multi-state lenders that fund Illinois borrowers. Counts are sourced from SBA loan records by borrower location.
Can I use an SBA lender outside Illinois?
Yes. SBA loans are federal, so an out-of-state lender can fund your Illinois business. National SBA lenders like Live Oak Bank and Newtek lend in all 50 states. A local lender still helps when the deal needs site visits or local market knowledge.
Who is the best SBA lender in Illinois?
"Best" depends on your loan size and industry, but Google ratings are a fair starting signal. Farmers State Bank of Alto Pass, Illinois currently holds the top rating among Illinois-based SBA lenders at 5.0 stars. Preferred (PLP) lenders move fastest on approval timelines.