Patterns of Disparity: Small Business Lending In Illinois

August 6, 2019

Lauren Nolan and Brent Adams

This report finds businesses in low- and moderate-income and communities of color received fewer loans from banks than businesses in higher-income and predominantly white areas across Illinois. The report, which
examines and compares lending reported by banks under the Community Reinvestment Act (CRA) in the Bloomington, Carbondale, Champaign-Urbana/Danville, Chicago, Metro East, Moline-Rock Island, Rockford, Peoria, and Springfield/Decatur regions, also shows sluggish recovery in bank lending in the wake of the Great Recession, particularly in the state’s more rural regions.

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