199 SBA loans worth $142.9M went to businesses in Schaumburg, IL between October 2021 and June 2026, from 47 lenders. Huntington National Bank made the most, 59 loans. The median loan was $239,000, 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 | 59 | $6.3M | $55,300 | 12% |
| 2 | Small Business Growth Certified development company · Springfield, IL | 16 | $12.5M | $663,500 | 0% |
| 3 | U.S. Bank Bank · Cincinnati, OH | 13 | $3.2M | $37,700 | 38% |
| 4 | Byline Bank Bank · Chicago, IL | 12 | $26.5M | $1,580,000 | 33% |
| 5 | JPMorgan Chase Bank Bank · Columbus, OH | 10 | $2.1M | $200,000 | 0% |
| 6 | SomerCor 504 Certified development company · Chicago, IL | 8 | $9.0M | $1,000,000 | 50% |
| 7 | Millennium Bank Bank · Des Plaines, IL | 5 | $17.8M | $4,235,000 | 20% |
| 8 | PNC Bank Bank · Wilmington, DE | 4 | $5.3M | $208,500 | 0% |
| 9 | Village Bank and Trust Bank · Arlington Heights, IL | 4 | $2.2M | $627,150 | 50% |
| 10 | Newtek Bank Bank · Miami, FL | 4 | $1.5M | $375,000 | 25% |
| 11 | Bank of America Bank · Charlotte, NC | 4 | $1.3M | $276,000 | 25% |
| 12 | BayFirst National Bank Bank · St. Petersburg, FL | 4 | $600K | $150,000 | 0% |
| 13 | Northeast Bank Bank · Portland, ME | 4 | $549K | $90,000 | 0% |
| 14 | VelocitySBA Non-bank lender · Irving, TX | 3 | $3.7M | $1,495,000 | 67% |
| 15 | Wells Fargo Bank Bank · Sioux Falls, SD | 3 | $50K | $15,000 | 100% |
| Industry | Loans | Share | Median loan | Most active lender |
|---|---|---|---|---|
| Transportation and warehousing | 48 | $84,800 | Huntington National Bank | |
| Restaurants and hotels | 32 | $545,600 | Huntington National Bank | |
| Manufacturing | 19 | $500,000 | Small Business Growth | |
| Professional and technical services | 17 | $142,800 | Huntington National Bank | |
| Construction | 14 | $150,000 | Huntington National Bank | |
| Health care and social assistance | 13 | $325,000 | Huntington National Bank | |
| Other services (repair, personal care) | 13 | $380,000 | PNC Bank | |
| Retail | 12 | $475,000 | Huntington National Bank |