107 SBA loans worth $63.4M went to businesses in Palatine, IL between October 2021 and June 2026, from 30 lenders. Huntington National Bank made the most, 39 loans. The median loan was $200,000, 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 | 39 | $8.0M | $50,000 | 18% |
| 2 | JPMorgan Chase Bank Bank · Columbus, OH | 10 | $5.7M | $275,000 | 0% |
| 3 | Small Business Growth Certified development company · Springfield, IL | 6 | $13.5M | $1,244,000 | 0% |
| 4 | U.S. Bank Bank · Cincinnati, OH | 6 | $2.7M | $47,500 | 50% |
| 5 | Barrington Bank & Trust Company Bank · Barrington, IL | 5 | $2.8M | $390,000 | 0% |
| 6 | SomerCor 504 Certified development company · Chicago, IL | 4 | $5.6M | $1,009,500 | 25% |
| 7 | Byline Bank Bank · Chicago, IL | 3 | $6.1M | $989,000 | 0% |
| 8 | Live Oak Banking Bank · Wilmington, NC | 3 | $2.0M | $450,000 | 0% |
| 9 | Readycap Lending Non-bank lender · Berkeley Heights, NJ | 3 | $728K | $175,000 | 33% |
| 10 | Lendistry SBLC Non-bank lender · Los Angeles, CA | 3 | $476K | $150,000 | 0% |
| 11 | BayFirst National Bank Bank · St. Petersburg, FL | 3 | $447K | $150,000 | 0% |
| 12 | BMO Bank Bank · Chicago, IL | 2 | $4.1M | $2,064,500 | 50% |
| 13 | Pan American Bank & Trust Bank · Melrose Park, IL | 2 | $1.1M | $552,500 | 50% |
| 14 | American Community Bank & Trust Bank · Woodstock, IL | 2 | $290K | $145,050 | 50% |
| 15 | Georgia Banking Bank · Atlanta, GA | 1 | $2.5M | $2,481,000 | 0% |
| Industry | Loans | Share | Median loan | Most active lender |
|---|---|---|---|---|
| Transportation and warehousing | 27 | $50,000 | Huntington National Bank | |
| Restaurants and hotels | 16 | $696,000 | Byline Bank | |
| Professional and technical services | 15 | $215,100 | Huntington National Bank | |
| Health care and social assistance | 11 | $284,000 | Huntington National Bank | |
| Retail | 11 | $500,000 | Small Business Growth | |
| Construction | 10 | $200,000 | Huntington National Bank | |
| Other services (repair, personal care) | 5 | $785,000 | Huntington National Bank | |
| Wholesale trade | 4 | $319,500 | JPMorgan Chase Bank |