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SBA lenders in Gurnee, IL

SBA 7(a) and 504 loans to businesses in Gurnee (Lake County), October 2021 to June 30, 2026 · Updated October 15, 2026
47
SBA loans approved
$42.0M
Total approved
$405,700
Median loan
22
Lenders active
17%
To startups

47 SBA loans worth $42.0M went to businesses in Gurnee, IL between October 2021 and June 2026, from 22 lenders. Small Business Growth made the most, 9 loans. The median loan was $405,700, compared with $231,000 across Illinois, and construction was the most financed industry.

Most active SBA lenders in Gurnee

#LenderLoansApprovedMedian loanTo startups
1Small Business Growth
Certified development company · Springfield, IL
9$16.8M$1,076,0000%
2Huntington National Bank
Bank · Columbus, OH
5$1.4M$100,0000%
3U.S. Bank
Bank · Cincinnati, OH
4$871K$83,4500%
4SomerCor 504
Certified development company · Chicago, IL
3$2.4M$508,0000%
5JPMorgan Chase Bank
Bank · Columbus, OH
3$732K$200,0000%
6Readycap Lending
Non-bank lender · Berkeley Heights, NJ
3$110K$50,00033%
7Village Bank and Trust
Bank · Arlington Heights, IL
2$2.0M$991,4500%
8Newtek Bank
Bank · Miami, FL
2$1.1M$575,00050%
9Happen Bank
Bank · Lehi, UT
2$889K$444,350100%
10Northeast Bank
Bank · Portland, ME
2$153K$76,40050%
11Shoreham Bank
Bank · Warwick, RI
1$4.0M$4,000,0000%
12GBank
Bank · Las Vegas, NV
1$3.5M$3,450,0000%
13CenTrust Bank, A Division of SmartBiz Bank
Bank · Northbrook, IL
1$3.4M$3,366,0000%
14PNC Bank
Bank · Wilmington, DE
1$2.4M$2,388,5000%
15Harvest Small Business Finance
Non-bank lender · Laguna Hills, CA
1$630K$630,000100%
7(a) and 504 lenders combined, ranked by number of loans to businesses in Gurnee. For 504 loans the lender shown is the certified development company.

What gets financed in Gurnee

IndustryLoansShareMedian loanMost active lender
Construction8
17%
$72,500U.S. Bank
Health care and social assistance8
17%
$217,900Readycap Lending
Restaurants and hotels7
15%
$483,000GBank
Retail5
11%
$508,000Small Business Growth
Manufacturing5
11%
$1,071,000Small Business Growth
Other services (repair, personal care)4
9%
$174,000SomerCor 504
Arts, entertainment and recreation4
9%
$788,000Merchants Bank of Indiana
Wholesale trade2
4%
$3,000,000Small Business Growth
Loan size mix
  • Under $150,00032%
  • $150,000 to $500,00026%
  • $500,000 to $2 million28%
  • $2 million and up15%
Compared with Illinois
Median loan, Gurnee
$405,700
Median loan, Illinois
$231,000
Startup share, Gurnee
17%
Startup share, Illinois
27%
Share of state's SBA loans
0.4%

SBA loans per fiscal year in Gurnee

071320FY14: 3 loansFY14FY15: 11 loansFY15FY16: 11 loansFY16FY17: 7 loansFY17FY18: 16 loansFY1816FY19: 10 loansFY19FY20: 3 loansFY20FY21: 8 loansFY21FY22: 10 loansFY22FY23: 8 loansFY23FY24: 9 loansFY24FY25: 14 loansFY25FY26 (Oct to Jun): 6 loansFY266
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.