26 SBA loans worth $33.6M went to businesses in Lake Forest, IL between October 2021 and June 2026, from 14 lenders. Small Business Growth made the most, 6 loans. The median loan was $325,000, compared with $231,000 across Illinois, and manufacturing was the most financed industry.
| # | Lender | Loans | Approved | Median loan | To startups |
|---|---|---|---|---|---|
| 1 | Small Business Growth Certified development company · Springfield, IL | 6 | $16.9M | $2,050,000 | 0% |
| 2 | JPMorgan Chase Bank Bank · Columbus, OH | 4 | $660K | $145,000 | 0% |
| 3 | Huntington National Bank Bank · Columbus, OH | 3 | $444K | $89,000 | 0% |
| 4 | Busey Bank Bank · Champaign, IL | 2 | $3.9M | $1,925,500 | 0% |
| 5 | Old National Bank Bank · Evansville, IN | 2 | $554K | $277,000 | 100% |
| 6 | Village Bank and Trust Bank · Arlington Heights, IL | 1 | $5.0M | $5,000,000 | 0% |
| 7 | Pan American Bank & Trust Bank · Melrose Park, IL | 1 | $3.6M | $3,580,000 | 0% |
| 8 | Byline Bank Bank · Chicago, IL | 1 | $1.9M | $1,930,000 | 0% |
| 9 | Libertyville Bank & Trust Company Bank · Libertyville, IL | 1 | $300K | $300,000 | 100% |
| 10 | United Midwest Savings Bank Bank · Degraff, OH | 1 | $150K | $150,000 | 100% |
| 11 | CRF Small Business Loan Company Non-bank lender · Minneapolis, MN | 1 | $105K | $105,000 | 0% |
| 12 | Newtek Bank Bank · Miami, FL | 1 | $65K | $65,000 | 0% |
| 13 | Northeast Bank Bank · Portland, ME | 1 | $65K | $65,000 | 0% |
| 14 | CDC Small Business Finance Non-bank lender · San Diego, CA | 1 | $30K | $30,000 | 100% |
| Industry | Loans | Share | Median loan | Most active lender |
|---|---|---|---|---|
| Manufacturing | 5 | $2,333,000 | Small Business Growth | |
| Construction | 4 | $300,000 | Old National Bank | |
| Professional and technical services | 4 | $127,500 | JPMorgan Chase Bank | |
| Restaurants and hotels | 3 | $280,000 | Northeast Bank | |
| Health care and social assistance | 2 | $366,000 | Small Business Growth | |
| Real estate and rental | 2 | $1,800,000 | Pan American Bank & Trust | |
| Retail | 2 | $182,500 | Libertyville Bank & Trust Company | |
| Transportation and warehousing | 2 | $82,000 | Huntington National Bank |