SBA Loans for Health Care in Illinois
Since fiscal year 2021, at least 138 lenders made 1,077 SBA loans to Health Care businesses in Illinois. These are the most active, based on public SBA data.
Most active SBA lenders for Health Care in Illinois
| # | Lender | Industry loans | Average | To startups | Programs |
|---|---|---|---|---|---|
| 1 | The Huntington National Bank Columbus, OH | 230 | $206,595 | 34% | 7(a), Express |
| 2 | Northeast Bank Lewiston, ME | 55 | $159,118 | 9% | 7(a) |
| 3 | JPMorgan Chase Bank, National Association Columbus, OH | 50 | $247,881 | 7% | 7(a), Express |
| 4 | Live Oak Banking Company Wilmington, NC | 47 | $1,368,572 | 24% | 7(a), Express |
| 5 | Byline Bank Chicago, IL | 47 | $1,267,165 | 37% | 7(a), Express |
| 6 | U.S. Bank, National Association Cincinnati, OH | 45 | $196,019 | 33% | 7(a), Express |
| 7 | BayFirst National Bank Saint Petersburg, FL | 42 | $168,892 | 1% | 7(a), Express |
| 8 | Newtek Bank, National Association Miami, FL | 38 | $391,075 | 20% | 7(a), Express |
| 9 | Readycap Lending, LLC Berkeley Heights, NJ | 32 | $283,611 | 13% | 7(a), Express |
| 10 | Bank of America, National Association Charlotte, NC | 24 | $405,525 | 20% | 7(a), Express |
Related guide: Loans for Clinics and Health Businesses
Other industries in Illinois
- Restaurants & Lodging1,616 loans
- Trucking & Transportation1,426 loans
- Construction1,337 loans
- Retail Stores1,228 loans
- Personal Services & Repair1,191 loans
- Professional Services1,052 loans
- Manufacturing767 loans
- Cleaning, Landscaping & Admin616 loans
Frequently asked questions
Which lenders make the most SBA loans to Health Care businesses in Illinois?
Based on public SBA data, the most active were The Huntington National Bank, Northeast Bank, JPMorgan Chase Bank, National Association.
How many SBA loans did Health Care businesses get in Illinois?
1,077 SBA loans since fiscal year 2021, from at least 138 different lenders.
Which SBA loan fits a Health Care business?
Most use a 7(a) for equipment, build-out, working capital or buying a business, and a 504 to buy their building. For under $50,000, look at Microloans.
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Data: approved loans published by the SBA. Past lending does not guarantee your approval. We are not a lender and are not affiliated with the SBA.