Lake Forest Bank & Trust Company approved 35 SBA loans worth $34.2M between October 2021 and June 2026, ranking #676 of 2,283 SBA lenders nationally by loan count. Its median loan was $518,500, and 17% went to startups or businesses under two years old. It lent in 8 states, most often in Florida, and its most financed industry was finance and insurance.
| State | Loans | Approved | Median loan | Rank in state |
|---|---|---|---|---|
| Florida | 12 | $13.8M | $1,124,500 | #132 |
| Illinois | 11 | $11.2M | $350,000 | #96 |
| Texas | 6 | $3.6M | $569,500 | #247 |
| Michigan | 2 | $500K | $250,000 | #181 |
| Colorado | 1 | $578K | $577,500 | #198 |
| Arkansas | 1 | $970K | $970,000 | #113 |
| Alabama | 1 | $150K | $150,000 | #162 |
| Louisiana | 1 | $3.4M | $3,385,000 | #119 |
| Industry | Loans | Share | Median loan |
|---|---|---|---|
| Finance and insurance | 11 | $577,500 | |
| Restaurants and hotels | 4 | $901,650 | |
| Administrative and support services | 3 | $1,885,000 | |
| Construction | 3 | $1,968,500 | |
| Arts, entertainment and recreation | 3 | $1,085,000 | |
| Retail | 3 | $370,000 | |
| Other services (repair, personal care) | 2 | $1,716,500 | |
| Education | 1 | $143,000 | |
| Health care and social assistance | 1 | $435,500 | |
| Professional and technical services | 1 | $250,000 |