SBA Loans for Full-Service Restaurants in Illinois: Top Lenders
NAICS 722NAICS 722 covers mobile food services businesses in Illinois. Based on historical SBA 7(a) lending data.
Total Approvals
278
in Illinois
Median Loan Size
$285,500
per approval
Recent Activity
20
last 90 days through Dec 2025
NAICS 722 covers mobile food services businesses. This is a moderately active sector for SBA 7(a) lending with 278 approvals and a median loan size of $285,500.
Key trends & insights
- Full-Service Restaurants in Illinois lending is concentrated — THE Huntington National Bank, Byline Bank, U.s. Bank, National Association together account for 53% of all approvals. If you're in this industry, these are your highest-probability lenders.
- THE Huntington National Bank leads this industry with 71 approvals (35% market share) and a median loan of $75,000.
Most active SBA lenders for Full-Service Restaurants in Illinois
| # | Lender | Approvals | Median Size |
|---|---|---|---|
| 1 | 71 | $75,000 | |
| 2 | 18 | $549,500 | |
| 3 | 17 | $50,000 | |
| 4 | 10 | $325,000 | |
| 5 | 9 | $325,000 | |
| 6 | 9 | $310,500 | |
| 7 | 8 | $400,000 | |
| 8 | 7 | $125,300 | |
| 9 | 6 | $768,750 | |
| 10 | 5 | $363,600 | |
| 11 | 5 | $2,050,000 | |
| 12 | 5 | $335,000 | |
| 13 | 4 | $1,018,500 | |
| 14 | 4 | $417,250 | |
| 15 | 4 | $285,750 | |
| 16 | 4 | $310,000 | |
| 17 | 4 | $599,000 | |
| 18 | 4 | $488,600 | |
| 19 | 4 | $150,000 | |
| 20 | 3 | $669,000 |
Recent SBA 7(a) approvals for Full-Service Restaurants in Illinois
| Month | Lender | Borrower | Location | Amount |
|---|---|---|---|---|
| 2025-12 | Newtek Bank, National Association | PHO*****RP. | Harwood Heights, IL | $100,000 |
| 2025-12 | Northeast Bank | PHO*****RP. | HARWOOD HEIGHTS, IL | $150,000 |
| 2025-12 | First Mid Bank & Trust, National Association | Spi*****LLC | QUINCY, IL | $40,500 |
| 2025-12 | Bank of Springfield | Par*****LLC | SPRINGFIELD, IL | $135,000 |
| 2025-12 | The Huntington National Bank | HB****LLC | OSWEGO, IL | $1,552,000 |
| 2025-12 | The Huntington National Bank | HB****LLC | OSWEGO, IL | $50,000 |
| 2025-12 | Dogwood State Bank | Inn*****LLC | Chicago, IL | $1,188,000 |
| 2025-11 | Midland States Bank | AUR*****LLC | AURORA, IL | $525,500 |
| 2025-11 | Merchants Bank of Indiana | SNB*****LLC | CHICAGO, IL | $1,119,000 |
| 2025-11 | LendingClub Bank, National Association | KIL*****DGE | BURR RIDGE, IL | $799,500 |
| 2025-11 | Village Bank and Trust, National Association | Sou*****nc. | SOUTH ELGIN, IL | $574,700 |
| 2025-11 | Village Bank and Trust, National Association | Gle*****nc. | GLEN ELLYN, IL | $392,000 |
| 2025-11 | Bank Five Nine | OM *****NC. | FRANKLIN PARK, IL | $100,000 |
| 2025-11 | Newtek Bank, National Association | Spi*****LLC | LE ROY, IL | $54,000 |
| 2025-11 | Village Bank and Trust, National Association | BER*****LLC | CHICAGO, IL | $500,000 |
| 2025-11 | The Huntington National Bank | Sol*****nc. | ALGONQUIN, IL | $135,000 |
| 2025-11 | Village Bank and Trust, National Association | MJG*****LLC | GURNEE, IL | $1,280,500 |
| 2025-11 | The Huntington National Bank | Gyp*****LLC | CHICAGO, IL | $128,000 |
| 2025-11 | The Huntington National Bank | WEL*****LLC | Deer Park, IL | $499,500 |
| 2025-11 | U.S. Bank, National Association | P&P*****NC. | CHICAGO, IL | $50,000 |
| 2025-11 | Celtic Bank Corporation | BRI*****NC. | ROCK ISLAND, IL | $150,000 |
| 2025-11 | The Huntington National Bank | WEL*****LLC | Deer Park, IL | $50,000 |
| 2025-11 | The Huntington National Bank | LIC*****LLC | FOREST PARK, IL | $120,000 |
| 2025-11 | The Huntington National Bank | A F*****LLC | PALOS HEIGHTS, IL | $305,000 |
| 2025-11 | The Huntington National Bank | D &*****LLC | MUNDELEIN, IL | $135,000 |
| 2025-11 | U.S. Bank, National Association | COD*****LLC | GALENA, IL | $50,000 |
| 2025-11 | The Huntington National Bank | Swe*****LLC | CHICAGO, IL | $27,000 |
| 2025-11 | Crystal Lake Bank & Trust Company, National Association | ORC*****LLC | WHEATON, IL | $753,000 |
| 2025-11 | The Huntington National Bank | LIC*****LLC | FOREST PARK, IL | $30,000 |
| 2025-09 | Live Oak Banking Company | Jac*****nc. | WHEELING, IL | $3,200,000 |
| 2025-09 | Harvest Small Business Finance, LLC | Cus*****LLC | CHICAGO, IL | $483,000 |
| 2025-09 | FWBank | Lab*****LLC | CHICAGO, IL | $2,051,800 |
| 2025-09 | Byline Bank | YAS*****NC. | PALATINE, IL | $4,400,000 |
| 2025-09 | PNC Bank, National Association | PI***LLC | COLLINSVILLE, IL | $425,000 |
| 2025-09 | Byline Bank | ROM*****LLC | ROMEOVILLE, IL | $785,000 |
| 2025-09 | Newtek Bank, National Association | STA*****ION | Savoy, IL | $250,000 |
| 2025-09 | The Huntington National Bank | El *****LLC | ALGONQUIN, IL | $50,000 |
| 2025-09 | Pan American Bank & Trust | Jel*****LLC | Palatine, IL | $320,000 |
| 2025-09 | The Huntington National Bank | El *****LLC | ALGONQUIN, IL | $473,000 |
| 2025-09 | The Huntington National Bank | NIL*****NC. | MORRISON, IL | $1,235,300 |
| 2025-09 | Merchants Bank of Indiana | ANA*****LLC | EVANSTON, IL | $297,600 |
| 2025-09 | Peoples Bank & Trust | Ban*****LLC | SPRINGFIELD, IL | $528,000 |
| 2025-09 | Byline Bank | Pue*****nc. | VILLA PARK, IL | $1,170,000 |
| 2025-09 | Fifth Third Bank | BRO*****INC | CHICAGO, IL | $90,000 |
| 2025-08 | Northeast Bank | SAI*****INC | Roselle, IL | $100,000 |
| 2025-08 | The Huntington National Bank | The*****LLC | CHICAGO, IL | $11,700 |
| 2025-08 | Grasshopper Bank National Association | VP***NC. | BRIDGEVIEW, IL | $350,000 |
| 2025-08 | Byline Bank | Ico*****LLC | GLENVIEW, IL | $600,000 |
| 2025-08 | Newtek Bank, National Association | SUS*****INC | LIBERTYVILLE, IL | $350,000 |
| 2025-08 | The Huntington National Bank | HOA*****NC. | CHICAGO, IL | $50,000 |
Source: Historical SBA 7(a) lending records. Borrower names partially masked for privacy.
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