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SBA lenders in Lake In The Hills, IL

SBA 7(a) and 504 loans to businesses in Lake In The Hills (McHenry County), October 2021 to June 30, 2026 · Updated October 15, 2026
34
SBA loans approved
$31.2M
Total approved
$164,650
Median loan
15
Lenders active
18%
To startups

34 SBA loans worth $31.2M went to businesses in Lake In The Hills, IL between October 2021 and June 2026, from 15 lenders. Huntington National Bank made the most, 11 loans. The median loan was $164,650, compared with $231,000 across Illinois, and transportation and warehousing was the most financed industry.

Most active SBA lenders in Lake In The Hills

#LenderLoansApprovedMedian loanTo startups
1Huntington National Bank
Bank · Columbus, OH
11$789K$50,0000%
2Small Business Growth
Certified development company · Springfield, IL
3$5.0M$1,891,00033%
3Union National Bank
Bank · Elgin, IL
3$1.6M$556,4000%
4U.S. Bank
Bank · Cincinnati, OH
3$167K$30,0000%
5Live Oak Banking
Bank · Wilmington, NC
2$9.7M$4,825,000100%
6SomerCor 504
Certified development company · Chicago, IL
2$3.6M$1,775,5000%
7Northeast Bank
Bank · Portland, ME
2$163K$81,7000%
8Byline Bank
Bank · Chicago, IL
1$4.5M$4,500,0000%
9Harvest Small Business Finance
Non-bank lender · Laguna Hills, CA
1$3.9M$3,915,0000%
10Village Bank and Trust
Bank · Arlington Heights, IL
1$500K$500,0000%
11Fifth Third Bank
Bank · Cincinnati, OH
1$464K$463,500100%
12VelocitySBA
Non-bank lender · Irving, TX
1$395K$395,000100%
13American Community Bank & Trust
Bank · Woodstock, IL
1$225K$225,000100%
14Devon Bank
Bank · Chicago, IL
1$204K$204,0000%
15Home State Bank
Bank · Crystal Lake, IL
1$112K$112,0000%
7(a) and 504 lenders combined, ranked by number of loans to businesses in Lake In The Hills. For 504 loans the lender shown is the certified development company.

What gets financed in Lake In The Hills

IndustryLoansShareMedian loanMost active lender
Transportation and warehousing10
29%
$83,000Huntington National Bank
Other services (repair, personal care)7
21%
$500,000Union National Bank
Health care and social assistance6
18%
$2,648,500Live Oak Banking
Construction3
9%
$463,500Fifth Third Bank
Manufacturing3
9%
$2,537,000Byline Bank
Professional and technical services3
9%
$30,000U.S. Bank
Administrative and support services1
3%
$50,000Huntington National Bank
Arts, entertainment and recreation1
3%
$100,000Northeast Bank
Loan size mix
  • Under $150,00047%
  • $150,000 to $500,00018%
  • $500,000 to $2 million18%
  • $2 million and up18%
Compared with Illinois
Median loan, Lake In The Hills
$164,650
Median loan, Illinois
$231,000
Startup share, Lake In The Hills
18%
Startup share, Illinois
27%
Share of state's SBA loans
0.3%

SBA loans per fiscal year in Lake In The Hills

0369FY14: 3 loansFY14FY15: 5 loansFY15FY16: 4 loansFY16FY17: 3 loansFY17FY18: 5 loansFY18FY19: 7 loansFY19FY20: 3 loansFY20FY21: 5 loansFY21FY22: 6 loansFY22FY23: 5 loansFY23FY24: 8 loansFY248FY25: 8 loansFY25FY26 (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.