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SBA lenders in Oak Lawn, IL

SBA 7(a) and 504 loans to businesses in Oak Lawn (Cook County), October 2021 to June 30, 2026 · Updated October 15, 2026
43
SBA loans approved
$24.8M
Total approved
$100,000
Median loan
15
Lenders active
42%
To startups

43 SBA loans worth $24.8M went to businesses in Oak Lawn, IL between October 2021 and June 2026, from 15 lenders. Huntington National Bank made the most, 20 loans. The median loan was $100,000, compared with $231,000 across Illinois, and transportation and warehousing was the most financed industry.

Most active SBA lenders in Oak Lawn

#LenderLoansApprovedMedian loanTo startups
1Huntington National Bank
Bank · Columbus, OH
20$2.4M$50,00045%
2Byline Bank
Bank · Chicago, IL
4$3.5M$717,00075%
3Merchants Bank of Indiana
Bank · Carmel, IN
3$8.6M$3,263,9000%
4U.S. Bank
Bank · Cincinnati, OH
3$116K$25,00067%
5PNC Bank
Bank · Wilmington, DE
2$487K$243,5500%
6Fifth Third Bank
Bank · Cincinnati, OH
2$200K$100,0000%
7First Bank of the Lake
Bank · Osage Beach, MO
1$5.0M$5,000,000100%
8Barrington Bank & Trust Company
Bank · Barrington, IL
1$2.5M$2,460,0000%
9VelocitySBA
Non-bank lender · Irving, TX
1$483K$483,0000%
10Small Business Growth
Certified development company · Springfield, IL
1$476K$476,0000%
11Magnifi Financial CU
Credit union · Melrose, MN
1$430K$430,000100%
12Live Oak Banking
Bank · Wilmington, NC
1$410K$410,000100%
13Bank of America
Bank · Charlotte, NC
1$333K$333,000100%
14Readycap Lending
Non-bank lender · Berkeley Heights, NJ
1$48K$48,0000%
15JPMorgan Chase Bank
Bank · Columbus, OH
1$20K$20,0000%
7(a) and 504 lenders combined, ranked by number of loans to businesses in Oak Lawn. For 504 loans the lender shown is the certified development company.

What gets financed in Oak Lawn

IndustryLoansShareMedian loanMost active lender
Transportation and warehousing9
21%
$41,900Huntington National Bank
Other services (repair, personal care)8
19%
$469,050Huntington National Bank
Construction8
19%
$52,500Huntington National Bank
Administrative and support services5
12%
$100,000Huntington National Bank
Professional and technical services3
7%
$483,000Huntington National Bank
Manufacturing3
7%
$300,000Merchants Bank of Indiana
Restaurants and hotels2
5%
$659,000Byline Bank
Health care and social assistance2
5%
$185,000U.S. Bank
Loan size mix
  • Under $150,00056%
  • $150,000 to $500,00026%
  • $500,000 to $2 million9%
  • $2 million and up9%
Compared with Illinois
Median loan, Oak Lawn
$100,000
Median loan, Illinois
$231,000
Startup share, Oak Lawn
42%
Startup share, Illinois
27%
Share of state's SBA loans
0.4%

SBA loans per fiscal year in Oak Lawn

071320FY14: 5 loansFY14FY15: 6 loansFY15FY16: 7 loansFY16FY17FY18: 6 loansFY18FY19: 17 loansFY1917FY20: 8 loansFY20FY21: 6 loansFY21FY22: 8 loansFY22FY23: 13 loansFY23FY24: 10 loansFY24FY25: 8 loansFY25FY26 (Oct to Jun): 4 loansFY264
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.