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SBA lenders in Mchenry, IL

SBA 7(a) and 504 loans to businesses in Mchenry (McHenry County), October 2021 to June 30, 2026 · Updated October 15, 2026
65
SBA loans approved
$36.4M
Total approved
$310,000
Median loan
29
Lenders active
37%
To startups

65 SBA loans worth $36.4M went to businesses in Mchenry, IL between October 2021 and June 2026, from 29 lenders. Huntington National Bank made the most, 9 loans. The median loan was $310,000, compared with $231,000 across Illinois, and construction was the most financed industry.

Most active SBA lenders in Mchenry

#LenderLoansApprovedMedian loanTo startups
1Huntington National Bank
Bank · Columbus, OH
9$1.7M$139,20078%
2U.S. Bank
Bank · Cincinnati, OH
7$468K$49,90057%
3SomerCor 504
Certified development company · Chicago, IL
5$5.4M$792,0000%
4Small Business Growth
Certified development company · Springfield, IL
5$2.7M$242,00020%
5Crystal Lake Bank & Trust Company
Bank · Crystal Lake, IL
4$1.9M$300,00050%
6Byline Bank
Bank · Chicago, IL
3$6.7M$2,400,0000%
7Live Oak Banking
Bank · Wilmington, NC
3$3.7M$350,0000%
8Fifth Third Bank
Bank · Cincinnati, OH
3$142K$50,00067%
9First Internet Bank of Indiana
Bank · Fishers, IN
2$1.9M$950,500100%
10Union National Bank
Bank · Elgin, IL
2$750K$375,0000%
11Bank Five Nine
Bank · Oconomowoc, WI
2$700K$350,000100%
12Newtek Small Business Finance
Non-bank lender · Lake Success, NY
2$650K$325,0000%
13Northeast Bank
Bank · Portland, ME
2$300K$150,0000%
14Wells Fargo Bank
Bank · Sioux Falls, SD
1$1.8M$1,785,0000%
15Centerstone SBA Lending
Non-bank lender · Los Angeles, CA
1$1.3M$1,270,0000%
7(a) and 504 lenders combined, ranked by number of loans to businesses in Mchenry. For 504 loans the lender shown is the certified development company.

What gets financed in Mchenry

IndustryLoansShareMedian loanMost active lender
Construction13
20%
$350,000Crystal Lake Bank & Trust Company
Other services (repair, personal care)8
12%
$354,000Huntington National Bank
Retail7
11%
$1,800,000Byline Bank
Restaurants and hotels6
9%
$454,750Huntington National Bank
Transportation and warehousing5
8%
$50,000First Internet Bank of Indiana
Administrative and support services4
6%
$46,250Fifth Third Bank
Professional and technical services4
6%
$182,000Crystal Lake Bank & Trust Company
Real estate and rental4
6%
$345,000Bank Five Nine
Loan size mix
  • Under $150,00023%
  • $150,000 to $500,00046%
  • $500,000 to $2 million23%
  • $2 million and up8%
Compared with Illinois
Median loan, Mchenry
$310,000
Median loan, Illinois
$231,000
Startup share, Mchenry
37%
Startup share, Illinois
27%
Share of state's SBA loans
0.6%

SBA loans per fiscal year in Mchenry

071320FY14: 9 loansFY14FY15: 7 loansFY15FY16: 7 loansFY16FY17: 14 loansFY17FY18: 5 loansFY18FY19: 14 loansFY19FY20: 6 loansFY20FY21: 7 loansFY21FY22: 16 loansFY2216FY23: 13 loansFY23FY24: 15 loansFY24FY25: 15 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.