55 SBA loans worth $40.8M went to businesses in Batavia, IL between October 2021 and June 2026, from 22 lenders. Small Business Growth made the most, 9 loans. The median loan was $350,000, compared with $231,000 across Illinois, and manufacturing was the most financed industry.
| # | Lender | Loans | Approved | Median loan | To startups |
|---|---|---|---|---|---|
| 1 | Small Business Growth Certified development company · Springfield, IL | 9 | $11.7M | $857,000 | 0% |
| 2 | Huntington National Bank Bank · Columbus, OH | 8 | $1.4M | $150,000 | 12% |
| 3 | Newtek Bank Bank · Miami, FL | 6 | $2.3M | $250,000 | 0% |
| 4 | St. Charles Bank & Trust Company Bank · St. Charles, IL | 5 | $5.1M | $430,000 | 40% |
| 5 | U.S. Bank Bank · Cincinnati, OH | 4 | $802K | $83,000 | 25% |
| 6 | SomerCor 504 Certified development company · Chicago, IL | 3 | $4.3M | $1,415,000 | 0% |
| 7 | Union National Bank Bank · Elgin, IL | 3 | $470K | $100,000 | 0% |
| 8 | CIBM Bank Bank · Champaign, IL | 2 | $860K | $430,000 | 100% |
| 9 | BMO Bank Bank · Chicago, IL | 2 | $634K | $316,900 | 100% |
| 10 | CenTrust Bank, A Division of SmartBiz Bank Bank · Northbrook, IL | 1 | $3.1M | $3,062,000 | 0% |
| 11 | Live Oak Banking Bank · Wilmington, NC | 1 | $2.6M | $2,600,000 | 100% |
| 12 | TowneBank Bank · Portsmouth, VA | 1 | $2.5M | $2,461,200 | 100% |
| 13 | Merchants Bank of Indiana Bank · Carmel, IN | 1 | $1.5M | $1,529,400 | 0% |
| 14 | First American Bank Bank · Elk Grove Village, IL | 1 | $1.1M | $1,080,000 | 0% |
| 15 | First Horizon Bank Bank · Memphis, TN | 1 | $804K | $804,400 | 100% |
| Industry | Loans | Share | Median loan | Most active lender |
|---|---|---|---|---|
| Manufacturing | 10 | $995,000 | Huntington National Bank | |
| Health care and social assistance | 8 | $275,000 | Newtek Bank | |
| Retail | 6 | $855,500 | Merchants Bank of Indiana | |
| Construction | 6 | $194,000 | Union National Bank | |
| Other services (repair, personal care) | 5 | $148,500 | St. Charles Bank & Trust Company | |
| Professional and technical services | 5 | $364,500 | Huntington National Bank | |
| Wholesale trade | 4 | $1,054,500 | Small Business Growth | |
| Restaurants and hotels | 3 | $225,000 | First Horizon Bank |