SBA Loans for Electrical Contractors in Illinois: Top Lenders
NAICS 238NAICS 238 covers roofing contractors businesses in Illinois. Based on historical SBA 7(a) lending data.
Total Approvals
169
in Illinois
Median Loan Size
$144,000
per approval
Recent Activity
16
last 90 days through Dec 2025
NAICS 238 covers roofing contractors businesses. This is a moderately active sector for SBA 7(a) lending with 169 approvals and a median loan size of $144,000.
Key trends & insights
- Electrical Contractors in Illinois lending is concentrated — THE Huntington National Bank, U.s. Bank, National Association, Jpmorgan Chase Bank, National Association together account for 56% of all approvals. If you're in this industry, these are your highest-probability lenders.
- THE Huntington National Bank leads this industry with 42 approvals (31% market share) and a median loan of $75,000.
- Electrical Contractors in Illinois loans skew smaller than the SBA average at $144,000 median (vs. ~$450,000 overall) — good news if you need a smaller amount and want to avoid lenders with high minimums.
Most active SBA lenders for Electrical Contractors in Illinois
| # | Lender | Approvals | Median Size |
|---|---|---|---|
| 1 | 42 | $75,000 | |
| 2 | 22 | $30,000 | |
| 3 | 11 | $100,000 | |
| 4 | 5 | $350,000 | |
| 5 | 5 | $590,000 | |
| 6 | 5 | $150,000 | |
| 7 | 4 | $270,250 | |
| 8 | 4 | $123,100 | |
| 9 | 4 | $365,000 | |
| 10 | 4 | $100,000 | |
| 11 | 4 | $150,000 | |
| 12 | 4 | $195,700 | |
| 13 | 3 | $100,000 | |
| 14 | 3 | $300,000 | |
| 15 | 3 | $39,000 | |
| 16 | 3 | $100,000 | |
| 17 | 3 | $2,500,000 | |
| 18 | 2 | $290,000 | |
| 19 | 2 | $564,500 | |
| 20 | 2 | $381,750 |
Recent SBA 7(a) approvals for Electrical Contractors in Illinois
| Month | Lender | Borrower | Location | Amount |
|---|---|---|---|---|
| 2025-12 | The Huntington National Bank | MSO*****LLC | PARK RIDGE, IL | $40,000 |
| 2025-12 | The Huntington National Bank | MSO*****LLC | PARK RIDGE, IL | $275,000 |
| 2025-12 | Northeast Bank | CAB*****NC. | Chicago, IL | $350,000 |
| 2025-12 | Newtek Bank, National Association | AJ *****nc. | ORLAND PARK, IL | $25,000 |
| 2025-12 | Newtek Bank, National Association | AJ *****NC. | ORLAND PARK, IL | $200,000 |
| 2025-12 | Lendistry SBLC, LLC | SAN*****LLC | Champaign, IL | $330,000 |
| 2025-12 | CenTrust Bank, A Division of SmartBiz Bank National Associat | Lig*****rp. | DOWNERS GROVE, IL | $135,000 |
| 2025-12 | JPMorgan Chase Bank, National Association | NEW*****LLC | BURBANK, IL | $198,000 |
| 2025-12 | American Community Bank & Trust | Jam*****nc. | Frankfort, IL | $875,000 |
| 2025-11 | Readycap Lending, LLC | AIR*****PRO | Palos Hills, IL | $34,000 |
| 2025-11 | JPMorgan Chase Bank, National Association | Goo*****nc. | CHICAGO, IL | $40,000 |
| 2025-11 | Barrington Bank & Trust Company, National Association | MLG*****inc | STREAMWOOD, IL | $646,500 |
| 2025-11 | Barrington Bank & Trust Company, National Association | MLG*****inc | STREAMWOOD, IL | $100,000 |
| 2025-11 | United Midwest Savings Bank National Association | BYL*****RBS | Indian Head Park, IL | $150,000 |
| 2025-11 | The Huntington National Bank | PRE*****LLC | ELMWOOD PARK, IL | $125,000 |
| 2025-11 | JPMorgan Chase Bank, National Association | Nic*****Llc | Arlington Heights, IL | $180,000 |
| 2025-11 | U.S. Bank, National Association | PEN*****LLC | CHICAGO, IL | $25,000 |
| 2025-11 | The Huntington National Bank | Win*****Inc | CHICAGO, IL | $43,000 |
| 2025-11 | Live Oak Banking Company | Ele*****nc. | BERKELEY, IL | $200,000 |
| 2025-11 | The Huntington National Bank | Win*****Inc | CHICAGO, IL | $143,000 |
| 2025-11 | The Huntington National Bank | PRE*****LLC | ELMWOOD PARK, IL | $125,000 |
| 2025-11 | CenTrust Bank, A Division of SmartBiz Bank National Associat | MID*****LLC | EFFINGHAM, IL | $150,000 |
| 2025-11 | Dogwood State Bank | AMP*****LLC | McCook, IL | $200,000 |
| 2025-11 | First Commonwealth Bank | Hom*****Co. | OAK PARK, IL | $50,000 |
| 2025-11 | Dogwood State Bank | AMP*****LLC | LA GRANGE HIGHLANDS, IL | $1,202,300 |
| 2025-09 | Crystal Lake Bank & Trust Company, National Association | VER*****LLC | WOOD DALE, IL | $1,725,000 |
| 2025-09 | Crystal Lake Bank & Trust Company, National Association | VER*****LLC | WOOD DALE, IL | $3,275,000 |
| 2025-09 | Northeast Bank | J &*****OIS | Springfield, IL | $200,000 |
| 2025-09 | JPMorgan Chase Bank, National Association | JB *****INC | GLENVIEW, IL | $150,000 |
| 2025-09 | The Huntington National Bank | HAN*****INC | NAPERVILLE, IL | $72,000 |
| 2025-09 | The Huntington National Bank | HAN*****INC | NAPERVILLE, IL | $70,000 |
| 2025-09 | First American Bank | Mat*****nc. | CHICAGO, IL | $3,600,000 |
| 2025-09 | U.S. Bank, National Association | BOU*****LLC | DIX, IL | $20,000 |
| 2025-09 | First American Bank | Mat*****nc. | CHICAGO, IL | $250,000 |
| 2025-09 | Live Oak Banking Company | Alt*****LLC | ANTIOCH, IL | $150,000 |
| 2025-09 | The Huntington National Bank | PRO*****NC. | SKOKIE, IL | $65,700 |
| 2025-09 | The Huntington National Bank | PRO*****NC. | SKOKIE, IL | $127,000 |
| 2025-08 | Fifth Third Bank | ISA*****ORP | MANHATTAN, IL | $100,000 |
| 2025-08 | American Community Bank of Indiana | Bar*****rp. | South Holland, IL | $1,180,000 |
| 2025-08 | Harvest Small Business Finance, LLC | Chi*****dic | CHICAGO, IL | $1,190,000 |
| 2025-08 | Crystal Lake Bank & Trust Company, National Association | Fai*****LLC | CHICAGO, IL | $300,000 |
| 2025-08 | First National Bank of Pennsylvania | 11E*****LLC | ROSELLE, IL | $1,215,000 |
| 2025-08 | JPMorgan Chase Bank, National Association | Men*****LLC | GURNEE, IL | $30,000 |
| 2025-08 | First National Bank of Pennsylvania | 11E*****LLC | ROSELLE, IL | $200,000 |
| 2025-08 | Lendistry SBLC, LLC | RJ'*****LLC | Barrington, IL | $80,000 |
| 2025-08 | U.S. Bank, National Association | IIQ*****INC | BRIDGEVIEW, IL | $45,000 |
| 2025-08 | U.S. Bank, National Association | OLS*****ANY | TOWER LAKES, IL | $100,000 |
| 2025-08 | United Midwest Savings Bank National Association | PRO*****ING | EAST DUNDEE, IL | $275,000 |
| 2025-08 | First Commonwealth Bank | Hom**** Co | OAK PARK, IL | $176,000 |
| 2025-08 | The Huntington National Bank | JAY*****LLC | CHICAGO, IL | $75,000 |
Source: Historical SBA 7(a) lending records. Borrower names partially masked for privacy.
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