SBA Loans for Hotels (except Casino Hotels) and Motels in Illinois: Top Lenders
NAICS 721NAICS 721 covers hotels (except casino hotels) and motels businesses in Illinois. Based on historical SBA 7(a) lending data.
Total Approvals
45
in Illinois
Median Loan Size
$2,400,000
per approval
Recent Activity
4
last 90 days through Aug 2025
NAICS 721 covers hotels (except casino hotels) and motels businesses. This is a smaller category in SBA 7(a) lending with 45 approvals on record and a median loan size of $2,400,000.
Key trends & insights
- Hotels (except Casino Hotels) and Motels in Illinois lending is concentrated — Millennium Bank, Gbank, First Western Sblc, INC. together account for 53% of all approvals. If you're in this industry, these are your highest-probability lenders.
- Millennium Bank leads this industry with 13 approvals (29% market share) and a median loan of $3,546,200.
- Hotels (except Casino Hotels) and Motels in Illinois loans run larger than the SBA average — a $2,400,000 median vs. ~$450,000 across all industries. These businesses typically need more capital.
Most active SBA lenders for Hotels (except Casino Hotels) and Motels in Illinois
| # | Lender | Approvals | Median Size |
|---|---|---|---|
| 1 | 13 | $3,546,200 | |
| 2 | 9 | $2,392,000 | |
| 3 | 2 | $2,045,000 | |
| 4 | 2 | $315,000 | |
| 5 | 2 | $3,046,500 | |
| 6 | 2 | $2,316,000 | |
| 7 | 2 | $4,412,000 | |
| 8 | 1 | $5,000,000 | |
| 9 | 1 | $3,600,000 | |
| 10 | 1 | $2,411,000 | |
| 11 | 1 | $1,827,500 | |
| 12 | 1 | $926,500 | |
| 13 | 1 | $4,542,600 | |
| 14 | 1 | $200,000 | |
| 15 | 1 | $710,000 | |
| 16 | 1 | $1,445,000 | |
| 17 | 1 | $805,000 | |
| 18 | 1 | $2,140,700 | |
| 19 | 1 | $672,400 | |
| 20 | 1 | $2,430,000 |
Recent SBA 7(a) approvals for Hotels (except Casino Hotels) and Motels in Illinois
| Month | Lender | Borrower | Location | Amount |
|---|---|---|---|---|
| 2025-08 | Millennium Bank | Del*****LLC | Schaumburg, IL | $5,000,000 |
| 2025-08 | Byline Bank | Sha*****nc. | CHICAGO, IL | $1,445,000 |
| 2025-07 | Bank of Hope | 19W*****LLC | LOMBARD, IL | $2,411,000 |
| 2025-06 | First Western SBLC, Inc | Mot*****Inn | WINTHROP HARBOR, IL | $790,000 |
| 2025-05 | Merchants Bank of Indiana | EAS*****LLC | EAST PEORIA, IL | $2,140,700 |
| 2025-05 | GBank | ASG*****LLC | JACKSONVILLE, IL | $4,446,000 |
| 2025-03 | Millennium Bank | NIY*****LLC | Chicago, IL | $1,615,000 |
| 2024-08 | GBank | VED*****LLC | Bloomington, IL | $1,619,000 |
| 2024-08 | Millennium Bank | Shy*****Inc | Springfield, IL | $3,850,000 |
| 2024-08 | GBank | ANA*****LLC | Bloomington, IL | $3,376,000 |
| 2024-08 | Everwise Credit Union | Alt*****LLC | Alton, IL | $3,305,000 |
| 2024-03 | Bank of Springfield | Cra*****LLC | ASHLAND, IL | $580,000 |
| 2024-03 | Bank of Springfield | Cra*****LLC | ASHLAND, IL | $50,000 |
| 2023-11 | Millennium Bank | Rol*****LLC | Rolling Meadows, IL | $5,000,000 |
| 2023-11 | Millennium Bank | Eka*****LLC | Crystal Lake, IL | $360,000 |
| 2023-10 | GBank | DIY*****LLC | LANSING, IL | $4,044,000 |
| 2023-08 | GBank | MOK***** IL | Peoria, IL | $2,392,000 |
| 2023-05 | U.S. Bank, National Association | Bel*****LLC | CHARLESTON, IL | $672,400 |
| 2023-05 | Shoreham Bank | Ven*****LLC | MOUNT VERNON, IL | $3,140,000 |
| 2022-12 | GBank | KA****LLC | Aurora, IL | $2,735,500 |
| 2022-10 | 1NB Bank | Rus*****tes | Dieterich, IL | $200,000 |
| 2022-08 | Bank & Trust Company | Gol*****LLC | Springfield, IL | $2,430,000 |
| 2022-08 | GBank | A V*****LLC | Effingham, IL | $1,586,000 |
| 2022-08 | United Midwest Savings Bank National Association | Jay*****nc. | Alton, IL | $2,232,000 |
| 2022-08 | GBank | ASM*****nc. | Freeport, IL | $1,730,000 |
| 2022-08 | Millennium Bank | Hol*****LLC | South Holland, IL | $3,546,200 |
| 2022-06 | The Bank of Edison | Shr*****LLC | Caseyville, IL | $926,500 |
| 2022-05 | Everwise Credit Union | MRS*****LLC | MOUNT VERNON, IL | $2,788,000 |
| 2022-05 | Millennium Bank | Tra*****LLC | Schaumburg, IL | $4,235,000 |
| 2022-04 | GBank | AAR*****LLC | MOLINE, IL | $2,015,000 |
| 2022-03 | Millennium Bank | Lem*****LLC | Lemont, IL | $1,192,000 |
| 2022-03 | Dogwood State Bank | DEV*****LLC | Bloomington, IL | $4,542,600 |
| 2022-03 | Peoples Bank & Trust | Joh*****.C. | Springfield, IL | $5,000,000 |
| 2021-12 | Community First Bank of the Heartland | Ric*****nc. | Mount Vernon, IL | $710,000 |
| 2021-08 | GBank | SIN*****LLC | DECATUR, IL | $2,632,000 |
| 2021-08 | Millennium Bank | Tru*****LLC | Lombard, IL | $4,767,500 |
| 2021-08 | First Western SBLC, Inc | Col*****Inc | OSWEGO, IL | $3,300,000 |
| 2021-03 | Peoples Bank & Trust | D a*****LLC | DECATUR, IL | $3,824,000 |
| 2020-12 | Millennium Bank | Vis*****LLC | South Holland, IL | $4,399,000 |
| 2020-08 | United Midwest Savings Bank National Association | For*****LLC | Moline, IL | $2,400,000 |
| 2020-08 | Millennium Bank | Arc*****LLC | Chicago, IL | $4,285,000 |
| 2020-08 | Celtic Bank Corporation | Adm*****tel | CHICAGO, IL | $1,827,500 |
| 2020-08 | Peoples Bank | PIN*****LLC | Metropolis, IL | $805,000 |
| 2020-08 | Millennium Bank | Th****LLC | SOUTH HOLLAND, IL | $930,000 |
| 2020-08 | Millennium Bank | A4*** | SOUTH HOLLAND, IL | $1,530,000 |
| 2020-02 | Citizens Bank | Gro*****nc. | WILLOWBROOK, IL | $5,000,000 |
| 2020-01 | Enterprise Bank & Trust | Sun*****Inc | Downers Grove, IL | $3,600,000 |
| 2019-10 | Millennium Bank | Gaj*****LLC | Calumet Park, IL | $2,930,000 |
Source: Historical SBA 7(a) lending records. Borrower names partially masked for privacy.
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