SBA Loans for Data Processing in Illinois: Top Lenders
NAICS 518NAICS 518 covers data processing, hosting, and related services businesses in Illinois. Based on historical SBA 7(a) lending data.
Total Approvals
4
in Illinois
Median Loan Size
$182,850
per approval
Recent Activity
1
last 90 days through Aug 2025
NAICS 518 covers data processing, hosting, and related services businesses. This is a smaller category in SBA 7(a) lending with 4 approvals on record and a median loan size of $182,850.
Key trends & insights
- Data Processing in Illinois lending is concentrated — Northeast Bank, Cadence Bank, Newtek Bank, National Association together account for 75% of all approvals. If you're in this industry, these are your highest-probability lenders.
- Northeast Bank leads this industry with 1 approvals (25% market share) and a median loan of $65,700.
- Data Processing in Illinois loans skew smaller than the SBA average at $182,850 median (vs. ~$450,000 overall) — good news if you need a smaller amount and want to avoid lenders with high minimums.
Most active SBA lenders for Data Processing in Illinois
| # | Lender | Approvals | Median Size |
|---|---|---|---|
| 1 | 1 | $65,700 | |
| 2 | 1 | $300,000 | |
| 3 | 1 | $35,000 | |
| 4 | 1 | $400,000 |
Recent SBA 7(a) approvals for Data Processing in Illinois
| Month | Lender | Borrower | Location | Amount |
|---|---|---|---|---|
| 2025-11 | JPMorgan Chase Bank, National Association | Tzu****nc. | AURORA, IL | $304,600 |
| 2025-09 | JPMorgan Chase Bank, National Association | Tec*****LLC | PALATINE, IL | $1,726,100 |
| 2025-08 | CIBC Bank USA | Pre*****nc. | ELGIN, IL | $431,000 |
| 2025-08 | CIBC Bank USA | Pre*****nc. | ELGIN, IL | $175,000 |
| 2025-08 | Northeast Bank | IRI*****NC. | ELMHURST, IL | $65,700 |
| 2025-05 | Cadence Bank | SEO*****any | OAKBROOK TERRACE, IL | $300,000 |
| 2025-03 | Live Oak Banking Company | Glo*****Inc | SAINT CHARLES, IL | $415,000 |
| 2024-10 | Newtek Bank, National Association | Net*****nc. | PALATINE, IL | $35,000 |
| 2024-09 | Union National Bank | Tzu****nc. | AURORA, IL | $150,000 |
| 2024-02 | JPMorgan Chase Bank, National Association | ZIO*****LLC | GLENVIEW, IL | $1,000,000 |
| 2023-11 | JPMorgan Chase Bank, National Association | Thi*****nc. | HIGHLAND PARK, IL | $400,000 |
| 2023-08 | The Huntington National Bank | SEG*****NC. | Hinsdale, IL | $60,000 |
| 2023-03 | Cadence Bank | Dav*****any | CHICAGO, IL | $275,000 |
| 2022-09 | Readycap Lending, LLC | Top*****nc. | CHICAGO, IL | $20,500 |
| 2022-06 | Byline Bank | DEB****IBA | EVANSTON, IL | $10,000 |
| 2021-10 | Grand Ridge National Bank | Bor*****LLC | La Grange, IL | $1,566,600 |
| 2020-02 | Wintrust Bank National Association | HEA*****NC. | CHICAGO, IL | $150,000 |
Source: Historical SBA 7(a) lending records. Borrower names partially masked for privacy.
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