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SBA lenders in Mount Prospect, IL

SBA 7(a) and 504 loans to businesses in Mount Prospect (Cook County), October 2021 to June 30, 2026 · Updated October 15, 2026
95
SBA loans approved
$36.0M
Total approved
$134,200
Median loan
26
Lenders active
18%
To startups

95 SBA loans worth $36.0M went to businesses in Mount Prospect, IL between October 2021 and June 2026, from 26 lenders. Huntington National Bank made the most, 41 loans. The median loan was $134,200, compared with $231,000 across Illinois, and transportation and warehousing was the most financed industry.

Most active SBA lenders in Mount Prospect

#LenderLoansApprovedMedian loanTo startups
1Huntington National Bank
Bank · Columbus, OH
41$3.9M$45,0007%
2Byline Bank
Bank · Chicago, IL
6$6.2M$1,085,75033%
3Small Business Growth
Certified development company · Springfield, IL
5$2.3M$377,0000%
4Village Bank and Trust
Bank · Arlington Heights, IL
5$1.3M$250,00080%
5JPMorgan Chase Bank
Bank · Columbus, OH
5$1.2M$240,0000%
6U.S. Bank
Bank · Cincinnati, OH
5$228K$44,6000%
7Northeast Bank
Bank · Portland, ME
3$273K$98,4000%
8Millennium Bank
Bank · Des Plaines, IL
2$5.6M$2,810,2500%
9SomerCor 504
Certified development company · Chicago, IL
2$3.9M$1,931,00050%
10Old National Bank
Bank · Evansville, IN
2$1.3M$661,4000%
11Bank of America
Bank · Charlotte, NC
2$1.1M$554,4000%
12Readycap Lending
Non-bank lender · Berkeley Heights, NJ
2$582K$291,00050%
13PNC Bank
Bank · Wilmington, DE
2$70K$35,00050%
14Fulton Bank
Bank · Lancaster, PA
1$1.8M$1,766,000100%
15Northbrook Bank & Trust Company
Bank · Northbrook, IL
1$1.7M$1,705,0000%
7(a) and 504 lenders combined, ranked by number of loans to businesses in Mount Prospect. For 504 loans the lender shown is the certified development company.

What gets financed in Mount Prospect

IndustryLoansShareMedian loanMost active lender
Transportation and warehousing28
29%
$47,500Huntington National Bank
Construction15
16%
$50,000Huntington National Bank
Other services (repair, personal care)13
14%
$271,000Northeast Bank
Restaurants and hotels9
9%
$477,200Millennium Bank
Retail8
8%
$641,500Byline Bank
Health care and social assistance8
8%
$250,500Huntington National Bank
Arts, entertainment and recreation3
3%
$600,000Huntington National Bank
Manufacturing3
3%
$250,000Huntington National Bank
Loan size mix
  • Under $150,00053%
  • $150,000 to $500,00027%
  • $500,000 to $2 million18%
  • $2 million and up2%
Compared with Illinois
Median loan, Mount Prospect
$134,200
Median loan, Illinois
$231,000
Startup share, Mount Prospect
18%
Startup share, Illinois
27%
Share of state's SBA loans
0.8%

SBA loans per fiscal year in Mount Prospect

0132740FY14: 19 loansFY14FY15: 27 loansFY15FY16: 19 loansFY16FY17: 10 loansFY17FY18: 10 loansFY18FY19: 10 loansFY19FY20: 9 loansFY20FY21: 10 loansFY21FY22: 11 loansFY22FY23: 25 loansFY23FY24: 31 loansFY2431FY25: 22 loansFY25FY26 (Oct to Jun): 6 loansFY266
Fiscal year runs October to September. Fiscal 2026 covers October 2025 to June 2026 only.
Data from the U.S. Small Business Administration's public 7(a) and 504 loan records (through June 30, 2026) and FDIC call-report data (quarter ending June 30, 2026). US Lender Metrics is not affiliated with the SBA, FDIC, FFIEC, NCUA or any lender, is not a lender or loan broker, and does not make credit decisions. Information only; not financial, legal or lending advice. © 2026 US Lender Metrics.