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SBA lenders in La Grange, IL

SBA 7(a) and 504 loans to businesses in La Grange (Cook County), October 2021 to June 30, 2026 · Updated October 15, 2026
65
SBA loans approved
$43.4M
Total approved
$250,000
Median loan
24
Lenders active
34%
To startups

65 SBA loans worth $43.4M went to businesses in La Grange, IL between October 2021 and June 2026, from 24 lenders. Huntington National Bank made the most, 14 loans. The median loan was $250,000, compared with $231,000 across Illinois, and transportation and warehousing was the most financed industry.

Most active SBA lenders in La Grange

#LenderLoansApprovedMedian loanTo startups
1Huntington National Bank
Bank · Columbus, OH
14$4.0M$150,00043%
2Northeast Bank
Bank · Portland, ME
7$993K$100,00014%
3U.S. Bank
Bank · Cincinnati, OH
6$2.3M$33,65017%
4Small Business Growth
Certified development company · Springfield, IL
5$2.8M$459,00020%
5SomerCor 504
Certified development company · Chicago, IL
4$4.0M$1,095,00025%
6TowneBank
Bank · Portsmouth, VA
4$2.8M$701,15050%
7JPMorgan Chase Bank
Bank · Columbus, OH
3$1.7M$180,0000%
8Old National Bank
Bank · Evansville, IN
2$4.5M$2,229,6500%
9Bank Five Nine
Bank · Oconomowoc, WI
2$2.2M$1,093,000100%
10Byline Bank
Bank · Chicago, IL
2$1.6M$800,0000%
11Hinsdale Bank & Trust Company
Bank · Hinsdale, IL
2$750K$375,0000%
12United Midwest Savings Bank
Bank · Degraff, OH
2$300K$150,000100%
13CenTrust Bank, A Division of SmartBiz Bank
Bank · Northbrook, IL
1$5.0M$5,000,000100%
14VelocitySBA
Non-bank lender · Irving, TX
1$2.7M$2,740,0000%
15FWBank
Bank · Chicago, IL
1$2.3M$2,252,000100%
7(a) and 504 lenders combined, ranked by number of loans to businesses in La Grange. For 504 loans the lender shown is the certified development company.

What gets financed in La Grange

IndustryLoansShareMedian loanMost active lender
Transportation and warehousing9
14%
$150,000Northeast Bank
Restaurants and hotels9
14%
$594,400Small Business Growth
Construction6
9%
$200,000TowneBank
Health care and social assistance6
9%
$150,000Huntington National Bank
Retail6
9%
$385,000Huntington National Bank
Wholesale trade5
8%
$500,000Hinsdale Bank & Trust Company
Other services (repair, personal care)4
6%
$137,500Northeast Bank
Manufacturing4
6%
$765,000Old National Bank
Loan size mix
  • Under $150,00031%
  • $150,000 to $500,00029%
  • $500,000 to $2 million32%
  • $2 million and up8%
Compared with Illinois
Median loan, La Grange
$250,000
Median loan, Illinois
$231,000
Startup share, La Grange
34%
Startup share, Illinois
27%
Share of state's SBA loans
0.6%

SBA loans per fiscal year in La Grange

071320FY14: 13 loansFY14FY15: 6 loansFY15FY16: 9 loansFY16FY17: 14 loansFY17FY18: 7 loansFY18FY19: 11 loansFY19FY20: 11 loansFY20FY21: 6 loansFY21FY22: 14 loansFY22FY23: 15 loansFY23FY24: 11 loansFY24FY25: 18 loansFY2518FY26 (Oct to Jun): 7 loansFY267
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.