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SBA lenders in Deerfield, IL

SBA 7(a) and 504 loans to businesses in Deerfield (Lake County), October 2021 to June 30, 2026 · Updated October 15, 2026
41
SBA loans approved
$28.9M
Total approved
$250,000
Median loan
23
Lenders active
41%
To startups

41 SBA loans worth $28.9M went to businesses in Deerfield, IL between October 2021 and June 2026, from 23 lenders. Huntington National Bank made the most, 6 loans. The median loan was $250,000, compared with $231,000 across Illinois, and professional and technical services was the most financed industry.

Most active SBA lenders in Deerfield

#LenderLoansApprovedMedian loanTo startups
1Huntington National Bank
Bank · Columbus, OH
6$462K$29,00050%
2Newtek Bank
Bank · Miami, FL
4$1.4M$400,0000%
3Northeast Bank
Bank · Portland, ME
4$725K$100,00050%
4Byline Bank
Bank · Chicago, IL
3$3.1M$850,000100%
5Live Oak Banking
Bank · Wilmington, NC
2$6.9M$3,462,500100%
6Truliant FCU
Credit union · Winston-Salem, NC
2$1.8M$875,0000%
7Platinum Bank
Bank · Oakdale, MN
2$791K$395,500100%
8U.S. Bank
Bank · Cincinnati, OH
2$87K$43,50050%
9Readycap Lending
Non-bank lender · Berkeley Heights, NJ
2$65K$32,5000%
10Millennium Bank
Bank · Des Plaines, IL
1$5.0M$5,000,0000%
11GBank
Bank · Las Vegas, NV
1$5.0M$5,000,000100%
12Village Bank and Trust
Bank · Arlington Heights, IL
1$833K$833,0000%
13VelocitySBA
Non-bank lender · Irving, TX
1$688K$688,0000%
14Libertyville Bank & Trust Company
Bank · Libertyville, IL
1$500K$500,000100%
15Small Business Growth
Certified development company · Springfield, IL
1$340K$340,0000%
7(a) and 504 lenders combined, ranked by number of loans to businesses in Deerfield. For 504 loans the lender shown is the certified development company.

What gets financed in Deerfield

IndustryLoansShareMedian loanMost active lender
Professional and technical services9
22%
$250,000Truliant FCU
Construction7
17%
$50,000Huntington National Bank
Health care and social assistance6
15%
$760,500Byline Bank
Restaurants and hotels4
10%
$2,650,000GBank
Arts, entertainment and recreation3
7%
$217,000Platinum Bank
Retail3
7%
$325,000Huntington National Bank
Transportation and warehousing3
7%
$100,000Huntington National Bank
Information and media2
5%
$20,000Northeast Bank
Loan size mix
  • Under $150,00041%
  • $150,000 to $500,00024%
  • $500,000 to $2 million27%
  • $2 million and up7%
Compared with Illinois
Median loan, Deerfield
$250,000
Median loan, Illinois
$231,000
Startup share, Deerfield
41%
Startup share, Illinois
27%
Share of state's SBA loans
0.3%

SBA loans per fiscal year in Deerfield

071320FY14: 3 loansFY14FY15: 8 loansFY15FY16: 8 loansFY16FY17: 7 loansFY17FY18: 4 loansFY18FY19: 4 loansFY19FY20: 4 loansFY20FY21: 8 loansFY21FY22: 3 loansFY22FY23: 7 loansFY23FY24: 13 loansFY2413FY25: 11 loansFY25FY26 (Oct to Jun): 7 loansFY267
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.