Best Schaumburg, IL SBA Lenders & Rates of 2026
Top SBA 7(a) lenders in Schaumburg, Illinois ranked by 2025 lending data.
43
SBA Loans Funded
$35M
Total Volume
9.96%
Avg Interest Rate
18
Active Lenders
Looking for an SBA loan in Schaumburg, Illinois? Based on 2025 FOIA data, 43 SBA 7(a) loans were funded in Schaumburg totaling $35M. Below are the top lenders and industries receiving SBA funding in your area. See all Illinois SBA lenders for statewide rankings.
Top 18 SBA Lenders in Schaumburg, IL (2025 Data)
| # | Lender | Loans | Total Approved |
|---|---|---|---|
| 1 | Byline Bank | 3 | $6M |
| 2 | Merchants Bank of Indiana | 1 | $5M |
| 3 | CIBC Bank USA | 2 | $5M |
| 4 | PNC Bank | 1 | $5M |
| 5 | FWBank | 1 | $4M |
| 6 | Busey Bank | 1 | $3M |
| 7 | U.S. Bank | 5 | $3M |
| 8 | First Financial Bank | 1 | $2M |
| 9 | The Huntington National Bank | 16 | $1M |
| 10 | Village Bank and Trust | 1 | $823K |
| 11 | Woori America Bank | 2 | $512K |
| 12 | Live Oak Banking Company | 1 | $350K |
| 13 | JPMorgan Chase Bank | 2 | $330K |
| 14 | Celtic Bank Corporation | 2 | $225K |
| 15 | Midland States Bank | 1 | $200K |
| 16 | Magnifi Financial CU | 1 | $180K |
| 17 | Fifth Third Bank | 1 | $28K |
| 18 | Wells Fargo Bank National Association | 1 | $15K |
Top Industries Funded in Schaumburg
| Industry | Loans | Total Approved |
|---|---|---|
| Full-Service Restaurants | 4 | $7M |
| Hotels (except Casino Hotels) and Motels | 1 | $5M |
| Barber Shops | 1 | $5M |
| Offices of Other Holding Companies | 1 | $3M |
| Retail Bakeries | 1 | $2M |
| Snack and Nonalcoholic Beverage Bars | 2 | $950K |
| Insurance Agencies and Brokerages | 1 | $500K |
| Hardware Manufacturing | 1 | $350K |
| General Freight Trucking, Long Distance, Truckload | 5 | $325K |
| Offices of Certified Public Accountants | 3 | $318K |
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