SBA lending data · fiscal year 2025
43 lenders funded full-service restaurants in Illinois last year
174 SBA 7(a) loans approved under NAICS 722511. Median approval $200,000, median term 120 months, median initial rate 10%.
What was actually approved
Half of all approvals in this industry and state fell between $50,500 and $500,000. A request well outside that band is not impossible — it draws more scrutiny on collateral and management experience.
The most active lenders
Ranked by how many loans each actually approved in this industry and state — not by advertising spend. A lender that has written twenty of these already knows the questions to ask.
- 1The Huntington National Bank43 loans · $17.1M
- 2Northeast Bank26 loans · $3.9M
- 3Newtek Bank, National Association17 loans · $4.3M
- 4U.S. Bank, National Association12 loans · $3M
- 5FWBank7 loans · $14.5M
- 6Fifth Third Bank6 loans · $1.5M
- 7Harvest Small Business Finance, LLC5 loans · $3.8M
- 8Byline Bank5 loans · $7.7M
- 9Lendistry SBLC, LLC3 loans · $0.3M
- 10Celtic Bank Corporation3 loans · $1M
- 11Readycap Lending, LLC3 loans · $0.8M
- 12PNC Bank, National Association3 loans · $0.3M
This list is not a recommendation and these lenders have no relationship with this site. It reports approvals recorded in U.S. Small Business Administration, FOIA 7(a) and 504 loan approval data (data.sba.gov), fiscal year 2025, as of 2026-06-30.
Is this industry getting easier or harder to finance?
| Fiscal year | Loans | Lenders | Median approval |
|---|---|---|---|
| FY2023 | 111 | 44 | $300,000 |
| FY2024 | 131 | 47 | $249,000 |
| FY2025 | 174 | 43 | $200,000 |
Only completed fiscal years are shown. The SBA fiscal year ends 30 September; a partial year compared against full ones makes any industry look like it is closing.
Where this comes from
The SBA publishes every approved 7(a) and 504 loan under FOIA: the lender, the borrower's state, the industry code, the amount, the term and the initial rate. We indexed 4 fiscal years of it, alongside Census and BLS data. Figures on this page are as published on 2026-06-30.
This page reports approvals. It says nothing about how many applications were declined, and it is not a prediction about yours. This site is not affiliated with, endorsed by, or approved by the U.S. Small Business Administration.
Other industries in Illinois
- General Freight Trucking, Long-Distance, Truckload · 174 loans
- Limited-Service Restaurants · 88 loans
- General Freight Trucking, Local · 76 loans
- Residential Remodelers · 71 loans
- General Automotive Repair · 63 loans
- Plumbing, Heating, and Air-Conditioning Contractors · 59 loans
- Child Care Services · 58 loans
- Fitness and Recreational Sports Centers · 57 loans
Full-Service Restaurants in other states
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