75 SBA loans worth $33.5M went to businesses in Algonquin, IL between October 2021 and June 2026, from 22 lenders. Huntington National Bank made the most, 34 loans. The median loan was $150,000, compared with $231,000 across Illinois, and transportation and warehousing was the most financed industry.
| # | Lender | Loans | Approved | Median loan | To startups |
|---|---|---|---|---|---|
| 1 | Huntington National Bank Bank · Columbus, OH | 34 | $5.8M | $50,400 | 41% |
| 2 | U.S. Bank Bank · Cincinnati, OH | 5 | $2.0M | $150,000 | 40% |
| 3 | Live Oak Banking Bank · Wilmington, NC | 4 | $10.9M | $2,775,000 | 75% |
| 4 | Small Business Growth Certified development company · Springfield, IL | 4 | $1.1M | $251,500 | 0% |
| 5 | Northeast Bank Bank · Portland, ME | 4 | $446K | $97,900 | 0% |
| 6 | Village Bank and Trust Bank · Arlington Heights, IL | 3 | $1.6M | $603,500 | 0% |
| 7 | VelocitySBA Non-bank lender · Irving, TX | 2 | $4.5M | $2,270,000 | 0% |
| 8 | United Midwest Savings Bank Bank · Degraff, OH | 2 | $350K | $175,000 | 100% |
| 9 | BayFirst National Bank Bank · St. Petersburg, FL | 2 | $225K | $112,500 | 0% |
| 10 | Celtic Bank Bank · Salt Lake City, UT | 2 | $186K | $92,750 | 0% |
| 11 | Readycap Lending Non-bank lender · Berkeley Heights, NJ | 2 | $97K | $48,500 | 0% |
| 12 | Luminate Bank Bank · Minneapolis, MN | 1 | $2.7M | $2,660,000 | 100% |
| 13 | Centerstone SBA Lending Non-bank lender · Los Angeles, CA | 1 | $1.1M | $1,108,000 | 0% |
| 14 | First Bank of the Lake Bank · Osage Beach, MO | 1 | $732K | $732,000 | 100% |
| 15 | Citizens Bank Bank · Elizabethton, TN | 1 | $452K | $451,700 | 0% |
| Industry | Loans | Share | Median loan | Most active lender |
|---|---|---|---|---|
| Transportation and warehousing | 17 | $45,000 | Huntington National Bank | |
| Restaurants and hotels | 15 | $150,000 | Huntington National Bank | |
| Health care and social assistance | 10 | $292,700 | Village Bank and Trust | |
| Other services (repair, personal care) | 7 | $400,000 | Huntington National Bank | |
| Retail | 7 | $200,000 | Huntington National Bank | |
| Construction | 6 | $50,000 | Huntington National Bank | |
| Arts, entertainment and recreation | 5 | $732,000 | Huntington National Bank | |
| Professional and technical services | 3 | $150,000 | U.S. Bank |