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SBA lenders in Crystal Lake, IL

SBA 7(a) and 504 loans to businesses in Crystal Lake (McHenry County), October 2021 to June 30, 2026 · Updated October 15, 2026
85
SBA loans approved
$53.0M
Total approved
$300,000
Median loan
31
Lenders active
19%
To startups

85 SBA loans worth $53.0M went to businesses in Crystal Lake, IL between October 2021 and June 2026, from 31 lenders. Small Business Growth made the most, 12 loans. The median loan was $300,000, compared with $231,000 across Illinois, and health care and social assistance was the most financed industry.

Most active SBA lenders in Crystal Lake

#LenderLoansApprovedMedian loanTo startups
1Small Business Growth
Certified development company · Springfield, IL
12$9.6M$674,5008%
2Live Oak Banking
Bank · Wilmington, NC
6$11.6M$885,00017%
3Old National Bank
Bank · Evansville, IN
6$7.3M$1,008,75067%
4SomerCor 504
Certified development company · Chicago, IL
6$5.3M$189,00033%
5Huntington National Bank
Bank · Columbus, OH
6$1.2M$245,75050%
6Crystal Lake Bank & Trust Company
Bank · Crystal Lake, IL
5$3.2M$350,00020%
7Northeast Bank
Bank · Portland, ME
5$920K$150,0000%
8Newtek Bank
Bank · Miami, FL
5$525K$75,0000%
9Home State Bank
Bank · Crystal Lake, IL
4$904K$200,00025%
10Byline Bank
Bank · Chicago, IL
3$3.6M$950,0000%
11United Midwest Savings Bank
Bank · Degraff, OH
3$1.1M$298,00033%
12First American Bank
Bank · Elk Grove Village, IL
2$562K$281,2500%
13Union National Bank
Bank · Elgin, IL
2$495K$247,5000%
14Celtic Bank
Bank · Salt Lake City, UT
2$234K$117,15050%
15Colony Bank
Bank · Fitzgerald, GA
2$201K$100,6500%
7(a) and 504 lenders combined, ranked by number of loans to businesses in Crystal Lake. For 504 loans the lender shown is the certified development company.

What gets financed in Crystal Lake

IndustryLoansShareMedian loanMost active lender
Health care and social assistance16
19%
$183,750SomerCor 504
Construction15
18%
$350,000Small Business Growth
Professional and technical services11
13%
$300,000Live Oak Banking
Restaurants and hotels10
12%
$269,500Home State Bank
Other services (repair, personal care)8
9%
$270,750Huntington National Bank
Manufacturing6
7%
$722,500Newtek Bank
Retail5
6%
$950,000Crystal Lake Bank & Trust Company
Transportation and warehousing4
5%
$313,100Crystal Lake Bank & Trust Company
Loan size mix
  • Under $150,00019%
  • $150,000 to $500,00049%
  • $500,000 to $2 million25%
  • $2 million and up7%
Compared with Illinois
Median loan, Crystal Lake
$300,000
Median loan, Illinois
$231,000
Startup share, Crystal Lake
19%
Startup share, Illinois
27%
Share of state's SBA loans
0.7%

SBA loans per fiscal year in Crystal Lake

0102030FY14: 9 loansFY14FY15: 15 loansFY15FY16: 27 loansFY1627FY17: 27 loansFY17FY18: 15 loansFY18FY19: 23 loansFY19FY20: 13 loansFY20FY21: 16 loansFY21FY22: 22 loansFY22FY23: 14 loansFY23FY24: 19 loansFY24FY25: 12 loansFY25FY26 (Oct to Jun): 18 loansFY2618
Fiscal year runs October to September. Fiscal 2026 covers October 2025 to June 2026 only.
Data from the U.S. Small Business Administration's public 7(a) and 504 loan records (through June 30, 2026) and FDIC call-report data (quarter ending June 30, 2026). US Lender Metrics is not affiliated with the SBA, FDIC, FFIEC, NCUA or any lender, is not a lender or loan broker, and does not make credit decisions. Information only; not financial, legal or lending advice. © 2026 US Lender Metrics.