144 SBA loans worth $107.1M went to businesses in Elk Grove Village, IL between October 2021 and June 2026, from 35 lenders. Huntington National Bank made the most, 36 loans. The median loan was $350,000, compared with $231,000 across Illinois, and transportation and warehousing was the most financed industry.
| # | Lender | Loans | Approved | Median loan | To startups |
|---|---|---|---|---|---|
| 1 | Huntington National Bank Bank · Columbus, OH | 36 | $9.0M | $80,750 | 11% |
| 2 | Small Business Growth Certified development company · Springfield, IL | 20 | $23.8M | $770,000 | 5% |
| 3 | Village Bank and Trust Bank · Arlington Heights, IL | 9 | $3.7M | $350,000 | 0% |
| 4 | SomerCor 504 Certified development company · Chicago, IL | 7 | $5.1M | $768,000 | 0% |
| 5 | Byline Bank Bank · Chicago, IL | 6 | $16.2M | $2,960,000 | 17% |
| 6 | U.S. Bank Bank · Cincinnati, OH | 6 | $771K | $92,500 | 17% |
| 7 | Schaumburg Bank & Trust Company Bank · Schaumburg, IL | 5 | $1.9M | $350,000 | 0% |
| 8 | JPMorgan Chase Bank Bank · Columbus, OH | 5 | $1.5M | $300,000 | 0% |
| 9 | Lendistry SBLC Non-bank lender · Los Angeles, CA | 4 | $923K | $236,350 | 0% |
| 10 | Bank of America Bank · Charlotte, NC | 4 | $894K | $160,700 | 0% |
| 11 | Newtek Bank Bank · Miami, FL | 3 | $5.3M | $300,000 | 0% |
| 12 | First American Bank Bank · Elk Grove Village, IL | 3 | $3.0M | $400,000 | 33% |
| 13 | Busey Bank Bank · Champaign, IL | 3 | $2.8M | $805,000 | 0% |
| 14 | Union National Bank Bank · Elgin, IL | 3 | $1.4M | $465,300 | 33% |
| 15 | TowneBank Bank · Portsmouth, VA | 2 | $5.0M | $2,480,000 | 0% |
| Industry | Loans | Share | Median loan | Most active lender |
|---|---|---|---|---|
| Transportation and warehousing | 35 | $120,100 | Huntington National Bank | |
| Manufacturing | 27 | $500,000 | Small Business Growth | |
| Other services (repair, personal care) | 16 | $350,000 | Village Bank and Trust | |
| Wholesale trade | 16 | $703,000 | Huntington National Bank | |
| Construction | 16 | $422,000 | Small Business Growth | |
| Retail | 10 | $474,500 | Huntington National Bank | |
| Restaurants and hotels | 6 | $676,500 | Huntington National Bank | |
| Professional and technical services | 4 | $539,000 | SomerCor 504 |