State Bank of the Lakes approved 27 SBA loans worth $13.5M between October 2021 and June 2026, ranking #762 of 2,283 SBA lenders nationally by loan count. Its median loan was $363,000, and 19% went to startups or businesses under two years old. It lent in 2 states, most often in Illinois, and its most financed industry was other services (repair, personal care).
| Industry | Loans | Share | Median loan |
|---|---|---|---|
| Other services (repair, personal care) | 10 | $397,750 | |
| Construction | 5 | $363,000 | |
| Arts, entertainment and recreation | 4 | $276,000 | |
| Restaurants and hotels | 3 | $540,000 | |
| Manufacturing | 2 | $862,950 | |
| Education | 1 | $765,000 | |
| Health care and social assistance | 1 | $301,000 | |
| Wholesale trade | 1 | $300,000 |