SBA lending data · fiscal year 2025

30 lenders funded limited-service restaurants in Illinois last year

88 SBA 7(a) loans approved under NAICS 722513. Median approval $299,650, median term 120 months, median initial rate 10%.

Build a plan for this industry — free preview$299 one time. Your plan cites these lenders by name.

What was actually approved

88
loans approved
30
distinct lenders
$100k
25th percentile
$520k
75th percentile

Half of all approvals in this industry and state fell between $100,000 and $520,000. 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.

  1. 1The Huntington National Bank25 loans · $7.3M
  2. 2Northeast Bank9 loans · $1.4M
  3. 3U.S. Bank, National Association7 loans · $0.8M
  4. 4Village Bank and Trust, National Association5 loans · $1.9M
  5. 5Byline Bank5 loans · $7.4M
  6. 6Live Oak Banking Company4 loans · $8.7M
  7. 7Midland States Bank3 loans · $1.6M
  8. 8St. Charles Bank & Trust Company, National Association3 loans · $1.5M
  9. 9Pan American Bank & Trust3 loans · $3.5M
  10. 10Morton Community Bank2 loans · $0.3M
  11. 11Newtek Bank, National Association2 loans · $1.2M
  12. 12Lendistry SBLC, LLC2 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 yearLoansLendersMedian approval
FY20237532$256,300
FY20248833$297,400
FY20258830$299,650

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

Limited-Service Restaurants in other states

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