Best Palatine, IL SBA Lenders & Rates of 2026
Top SBA 7(a) lenders in Palatine, Illinois ranked by 2025 lending data.
25
SBA Loans Funded
$16M
Total Volume
9.21%
Avg Interest Rate
7
Active Lenders
Looking for an SBA loan in Palatine, Illinois? Based on 2025 FOIA data, 25 SBA 7(a) loans were funded in Palatine totaling $16M. Below are the top lenders and industries receiving SBA funding in your area. See all Illinois SBA lenders for statewide rankings.
Top 7 SBA Lenders in Palatine, IL (2025 Data)
| # | Lender | Loans | Total Approved |
|---|---|---|---|
| 1 | Byline Bank | 1 | $4M |
| 2 | The Huntington National Bank | 14 | $4M |
| 3 | U.S. Bank | 4 | $3M |
| 4 | JPMorgan Chase Bank | 2 | $2M |
| 5 | Barrington Bank & Trust Company | 2 | $1M |
| 6 | Brookline Bank, a Division of Beacon Bank and Trust | 1 | $1M |
| 7 | Cadence Bank | 1 | $488K |
Top Industries Funded in Palatine
| Industry | Loans | Total Approved |
|---|---|---|
| Limited-Service Restaurants | 3 | $6M |
| Full-Service Restaurants | 3 | $3M |
| Data Processing, Hosting, and Related Services | 1 | $2M |
| Offices of Dentists | 1 | $2M |
| Drycleaning and Laundry Services (except Coin-Operated) | 1 | $1M |
| General Freight Trucking, Long Distance, Truckload | 5 | $688K |
| Other Accounting Services | 1 | $495K |
| Landscaping Services | 1 | $390K |
| Offices of Physical, Occupational and Speech Therapists, and Audiologi | 1 | $100K |
| Advertising Agencies | 2 | $90K |
Get Matched with the Best SBA Lender in Palatine
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