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County11th of 92 in Illinois by approvalsFIPS 17093
SBA loans in Kendall County, Illinois
7(a) and 504 approvals to businesses located in the county, set against the number of businesses there and against the state.
SBA approvals by fiscal year. The federal fiscal year runs 1 October to 30 September, so FY2025 is 1 October 2024 to 30 September 2025. *FY2026 is open: approvals to 30 Jun 2026 only.
Businesses in Kendall County, Illinois, received 139 SBA loan approvals worth $68.6M in FY2021 to FY2025 (112 7(a), 27 504).
That is 54.6 approvals per 1,000 business establishments (2,548 establishments in 2023), above the Illinois figure of 38.5 and above the national 41.0.
It ranks 11th of 92 Illinois counties with approvals. In FY2025 there were 30, down 19% on FY2024.
44 lenders had approvals here; the most active were The Huntington National Bank (25), Small Business Growth Corporation (14) and SomerCor 504, Inc. (11). The most common industry was general freight trucking.
Loan status is as recorded by SBA at the data date; charge-off rates are computed on loans approved at least five fiscal years ago. Jobs supported are self-reported estimates from the SBA loan application, which SBA does not review, audit or validate. Data through 30 Jun 2026.
Lenders most active in Kendall County
By number of approvals to businesses in the county, FY2021–FY2025; 44 lenders had at least one.
| # | Lender | Approvals | Dollars | Share | |
|---|---|---|---|---|---|
| 1 | The Huntington National BankColumbus, OH | 25 | $4.0M | 18.0% | |
| 2 | Small Business Growth CorporationSpringfield, IL · CDC | 14 | $12.1M | 10.1% | |
| 3 | SomerCor 504, Inc.Chicago, IL · CDC | 11 | $9.6M | 7.9% | |
| 4 | Byline BankChicago, IL | 8 | $8.4M | 5.8% | |
| 5 | BayFirst National BankSaint Petersburg, FL | 8 | $1.2M | 5.8% | |
| 6 | U.S. Bank, National AssociationCincinnati, OH | 6 | $1.0M | 4.3% | |
| 7 | Readycap Lending, LLCBerkeley Heights, NJ | 6 | $670K | 4.3% | |
| 8 | Live Oak Banking CompanyWilmington, NC | 4 | $2.4M | 2.9% | |
| 9 | Northeast BankLewiston, ME | 4 | $461K | 2.9% | |
| 10 | St. Charles Bank & Trust Company, National AssociationSaint Charles, IL | 3 | $959K | 2.2% | |
| 11 | JPMorgan Chase Bank, National AssociationColumbus, OH | 3 | $725K | 2.2% | |
| 12 | Celtic Bank CorporationSalt Lake City, UT | 3 | $331K | 2.2% | |
| 13 | Midland States BankEffingham, IL | 3 | $192K | 2.2% | |
| 14 | Happen BankLehi, UT | 2 | — | 1.4% | |
| 15 | First National Bank of OmahaOmaha, NE | 2 | — | 1.4% |
Industries
| # | Industry group (NAICS 4-digit) | Approvals | Share | |
|---|---|---|---|---|
| 1 | General Freight TruckingNAICS 4841 | 15 | 10.8% | |
| 2 | Offices of Other Health PractitionersNAICS 6213 | 13 | 9.4% | |
| 3 | Restaurants and Other Eating PlacesNAICS 7225 | 12 | 8.6% | |
| 4 | Other Personal ServicesNAICS 8129 | 12 | 8.6% | |
| 5 | Services to Buildings and DwellingsNAICS 5617 | 7 | 5.0% | |
| 6 | Child Day Care ServicesNAICS 6244 | 6 | 4.3% | |
| 7 | Building Equipment ContractorsNAICS 2382 | 6 | 4.3% | |
| 8 | Other Amusement and Recreation IndustriesNAICS 7139 | 4 | 2.9% | |
| 9 | Other Schools and InstructionNAICS 6116 | 4 | 2.9% | |
| 10 | Death Care ServicesNAICS 8122 | 3 | 2.2% |
Sectors
| # | NAICS sector | Approvals | Share | |
|---|---|---|---|---|
| 1 | Health Care and Social Assistance | 22 | 15.8% | |
| 2 | Transportation and Warehousing | 19 | 13.7% | |
| 3 | Other Services (except Public Administration) | 18 | 12.9% | |
| 4 | Accommodation and Food Services | 17 | 12.2% | |
| 5 | Construction | 14 | 10.1% | |
| 6 | Administrative and Support and Waste Management and Remediation Services | 9 | 6.5% | |
| 7 | Arts, Entertainment, and Recreation | 7 | 5.0% | |
| 8 | Retail Trade | 7 | 5.0% |
Approvals by fiscal year
| Fiscal year | 7(a) approvals | 7(a) dollars | Median 7(a) | 504 approvals | 504 dollars | All approvals | Jobs supported, as reported |
|---|---|---|---|---|---|---|---|
| FY2026* | 17 | $7.9M | $225K | 3 | $1.0M | 20 | 207 |
| FY2025 | 27 | $5.0M | $104K | 3 | $1.1M | 30 | 206 |
| FY2024 | 27 | $9.2M | $144K | 10 | $9.9M | 37 | 351 |
| FY2023 | 13 | $4.4M | $150K | 2 | — | 15 | 233 |
| FY2022 | 21 | $8.9M | $90K | 5 | $3.2M | 26 | 159 |
| FY2021 | 24 | $18.9M | $475K | 7 | $5.6M | 31 | 252 |
| FY2020 | 14 | $5.4M | $155K | 3 | $4.8M | 17 | 175 |
| FY2019 | 18 | $11.2M | $195K | 4 | $1.7M | 22 | 260 |
| FY2018 | 18 | $4.2M | $74K | 1 | — | 19 | 121 |
| FY2017 | 14 | $6.1M | $150K | 5 | $2.5M | 19 | 251 |
| FY2016 | 14 | $7.8M | $138K | 1 | — | 15 | 120 |
In FY2016–FY2020, the five fiscal years before the current window, the county had 92 approvals.
Against Illinois and the country
| FY2021–FY2025 | Kendall County | Illinois | United States |
|---|---|---|---|
| Approvals | 139 | 12,417 | 342,825 |
| Approvals per 1,000 establishments | 54.6 | 38.5 | 41.0 |
| Median 7(a) approval | $150K | $200K | $190K |
| Median 504 approval | $594K | $578K | $657K |
| Average approval | $493K | $581K | $573K |
| 504 share of approvals | 19.4% | 14.2% | 11.0% |
| Jobs supported per approval, as reported | 8.6 | 11.4 | 10.5 |
| Share of state approvals | 1.1% | 100.0% | — |
Approval sizes
- $50,000 or less17.3%24
- $50,001 to $150,00031.7%44
- $150,001 to $350,00010.8%15
- $350,001 to $1 million27.3%38
- $1 million to $2 million7.9%11
- Over $2 million5.0%7
Age of the businesses
- Existing, more than 2 years old64.0%89
- New business, 2 years or less12.9%18
- Startup, loan funds will open the business15.1%21
- Change of ownership7.9%11
Questions and answers
Which lenders make the most SBA loans in Kendall County?
By approvals in FY2021 to FY2025: The Huntington National Bank (25), Small Business Growth Corporation (14), SomerCor 504, Inc. (11), Byline Bank (8), BayFirst National Bank (8). Volume says how active a lender is, nothing about terms or service.
How large are typical SBA loans in Kendall County?
The median 7(a) approval was $150K and the median 504 approval $594K; the Illinois 7(a) median was $200K.
Which industries get the most SBA loans in Kendall County?
General Freight Trucking (15); Offices of Other Health Practitioners (13); Restaurants and Other Eating Places (12); Other Personal Services (12); Services to Buildings and Dwellings (7).
Is SBA lending in Kendall County rising?
Approvals in the three latest complete fiscal years total 82, against 74 in the three before: rising (+11%).
How does Kendall County compare with the rest of Illinois?
54.6 approvals per 1,000 establishments against 38.5 statewide, and 139 of the state's 12,417 approvals.
About these figures
Figures are totals of the Small Business Administration's 7(a) and 504 FOIA loan files, data through 30 Jun 2026. SBA updates the files quarterly. Counts are loan approvals, including approvals later cancelled; the five-year window is FY2021–FY2025, the five latest complete fiscal years. Charge-off rates use only loans approved in FY2010–FY2021, at least five fiscal years ago, and count disbursed loans SBA records as charged off. Loans are listed under the lender they are assigned to today. Establishment counts are from the Census Bureau's County Business Patterns 2023, which leaves out most farms, government and businesses without employees. Dollar figures behind fewer than three approvals are not shown, and no borrower is named anywhere on this site.Methodology · Report an error