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SBA lenders in New Lenox, IL

SBA 7(a) and 504 loans to businesses in New Lenox (Will County), October 2021 to June 30, 2026 · Updated October 15, 2026
37
SBA loans approved
$20.8M
Total approved
$250,000
Median loan
19
Lenders active
22%
To startups

37 SBA loans worth $20.8M went to businesses in New Lenox, IL between October 2021 and June 2026, from 19 lenders. Huntington National Bank made the most, 5 loans. The median loan was $250,000, compared with $231,000 across Illinois, and construction was the most financed industry.

Most active SBA lenders in New Lenox

#LenderLoansApprovedMedian loanTo startups
1Huntington National Bank
Bank · Columbus, OH
5$2.2M$175,0000%
2SomerCor 504
Certified development company · Chicago, IL
4$8.5M$1,291,00025%
3Northeast Bank
Bank · Portland, ME
3$482K$134,1000%
4BayFirst National Bank
Bank · St. Petersburg, FL
3$450K$150,0000%
5Small Business Growth
Certified development company · Springfield, IL
2$2.2M$1,097,0000%
6Newtek Bank
Bank · Miami, FL
2$800K$400,00050%
7Byline Bank
Bank · Chicago, IL
2$765K$382,500100%
8Live Oak Banking
Bank · Wilmington, NC
2$515K$257,50050%
9CenTrust Bank, A Division of SmartBiz Bank
Bank · Northbrook, IL
2$350K$175,0000%
10U.S. Bank
Bank · Cincinnati, OH
2$350K$175,0000%
11Midland States Bank
Bank · Effingham, IL
2$298K$149,00050%
12Schaumburg Bank & Trust Company
Bank · Schaumburg, IL
1$1.2M$1,185,0000%
13Enterprise Bank & Trust
Bank · Clayton, MO
1$1.1M$1,080,0000%
14VelocitySBA
Non-bank lender · Irving, TX
1$899K$899,0000%
15Busey Bank
Bank · Champaign, IL
1$370K$370,0000%
7(a) and 504 lenders combined, ranked by number of loans to businesses in New Lenox. For 504 loans the lender shown is the certified development company.

What gets financed in New Lenox

IndustryLoansShareMedian loanMost active lender
Construction7
19%
$100,000U.S. Bank
Manufacturing6
16%
$212,500Midland States Bank
Other services (repair, personal care)4
11%
$676,900Wells Fargo Bank
Restaurants and hotels3
8%
$510,000SomerCor 504
Professional and technical services3
8%
$370,000Huntington National Bank
Transportation and warehousing3
8%
$1,080,000Huntington National Bank
Retail3
8%
$150,000BayFirst National Bank
Wholesale trade2
5%
$223,750BayFirst National Bank
Loan size mix
  • Under $150,00024%
  • $150,000 to $500,00049%
  • $500,000 to $2 million24%
  • $2 million and up3%
Compared with Illinois
Median loan, New Lenox
$250,000
Median loan, Illinois
$231,000
Startup share, New Lenox
22%
Startup share, Illinois
27%
Share of state's SBA loans
0.3%

SBA loans per fiscal year in New Lenox

03710FY14: 2 loansFY14FY15: 1 loansFY15FY16: 4 loansFY16FY17: 8 loansFY17FY18: 10 loansFY1810FY19: 6 loansFY19FY20: 2 loansFY20FY21: 7 loansFY21FY22: 3 loansFY22FY23: 7 loansFY23FY24: 9 loansFY24FY25: 10 loansFY25FY26 (Oct to Jun): 8 loansFY268
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.