33 SBA loans worth $22.3M went to businesses in Vernon Hills, IL between October 2021 and June 2026, from 15 lenders. Huntington National Bank made the most, 10 loans. The median loan was $256,000, compared with $231,000 across Illinois, and restaurants and hotels was the most financed industry.
| # | Lender | Loans | Approved | Median loan | To startups |
|---|---|---|---|---|---|
| 1 | Huntington National Bank Bank · Columbus, OH | 10 | $1.4M | $58,500 | 60% |
| 2 | Northeast Bank Bank · Portland, ME | 3 | $383K | $40,000 | 0% |
| 3 | SomerCor 504 Certified development company · Chicago, IL | 2 | $3.3M | $1,650,000 | 0% |
| 4 | Lake Forest Bank & Trust Company Bank · Lake Forest, IL | 2 | $2.2M | $1,115,250 | 50% |
| 5 | Merchants Bank of Indiana Bank · Carmel, IN | 2 | $1.5M | $771,000 | 0% |
| 6 | First Bank of the Lake Bank · Osage Beach, MO | 2 | $975K | $487,700 | 100% |
| 7 | Newtek Small Business Finance Non-bank lender · Lake Success, NY | 2 | $865K | $432,500 | 50% |
| 8 | Small Business Growth Certified development company · Springfield, IL | 2 | $777K | $388,500 | 0% |
| 9 | U.S. Bank Bank · Cincinnati, OH | 2 | $50K | $25,000 | 100% |
| 10 | Byline Bank Bank · Chicago, IL | 1 | $4.3M | $4,334,000 | 0% |
| 11 | First Internet Bank of Indiana Bank · Fishers, IN | 1 | $4.2M | $4,173,000 | 100% |
| 12 | Old National Bank Bank · Evansville, IN | 1 | $1.2M | $1,156,900 | 100% |
| 13 | Readycap Lending Non-bank lender · Berkeley Heights, NJ | 1 | $691K | $691,000 | 0% |
| 14 | United Midwest Savings Bank Bank · Degraff, OH | 1 | $345K | $345,000 | 0% |
| 15 | BayFirst National Bank Bank · St. Petersburg, FL | 1 | $72K | $72,000 | 0% |
| Industry | Loans | Share | Median loan | Most active lender |
|---|---|---|---|---|
| Restaurants and hotels | 8 | $316,450 | Huntington National Bank | |
| Health care and social assistance | 6 | $100,450 | Huntington National Bank | |
| Administrative and support services | 3 | $50,000 | Huntington National Bank | |
| Retail | 3 | $765,000 | Huntington National Bank | |
| Professional and technical services | 3 | $345,000 | Merchants Bank of Indiana | |
| Education | 2 | $494,750 | Lake Forest Bank & Trust Company | |
| Construction | 2 | $1,072,250 | Huntington National Bank | |
| Other services (repair, personal care) | 2 | $388,500 | Small Business Growth |