59 SBA loans worth $35.9M went to businesses in Lake Zurich, IL between October 2021 and June 2026, from 21 lenders. Huntington National Bank made the most, 16 loans. The median loan was $272,000, compared with $231,000 across Illinois, and other services (repair, personal care) was the most financed industry.
| # | Lender | Loans | Approved | Median loan | To startups |
|---|---|---|---|---|---|
| 1 | Huntington National Bank Bank · Columbus, OH | 16 | $1.9M | $95,000 | 31% |
| 2 | SomerCor 504 Certified development company · Chicago, IL | 7 | $11.0M | $1,096,000 | 14% |
| 3 | Small Business Growth Certified development company · Springfield, IL | 7 | $8.8M | $948,000 | 0% |
| 4 | CenTrust Bank, A Division of SmartBiz Bank Bank · Northbrook, IL | 4 | $2.1M | $430,500 | 50% |
| 5 | Northeast Bank Bank · Portland, ME | 4 | $640K | $120,000 | 0% |
| 6 | Village Bank and Trust Bank · Arlington Heights, IL | 3 | $1.3M | $350,000 | 0% |
| 7 | First American Bank Bank · Elk Grove Village, IL | 2 | $1.4M | $717,050 | 0% |
| 8 | Old National Bank Bank · Evansville, IN | 2 | $570K | $285,050 | 100% |
| 9 | U.S. Bank Bank · Cincinnati, OH | 2 | $388K | $193,800 | 0% |
| 10 | Grasshopper Bank Bank · New York, NY | 1 | $2.9M | $2,900,000 | 0% |
| 11 | 22nd State Bank, A Division of 22nd State Banking Bank · Mobile, AL | 1 | $1.8M | $1,755,500 | 0% |
| 12 | VelocitySBA Non-bank lender · Irving, TX | 1 | $790K | $789,500 | 0% |
| 13 | Midland States Bank Bank · Effingham, IL | 1 | $540K | $540,000 | 100% |
| 14 | Live Oak Banking Bank · Wilmington, NC | 1 | $350K | $350,000 | 0% |
| 15 | Harvest Small Business Finance Non-bank lender · Laguna Hills, CA | 1 | $297K | $297,000 | 0% |
| Industry | Loans | Share | Median loan | Most active lender |
|---|---|---|---|---|
| Other services (repair, personal care) | 9 | $180,000 | Huntington National Bank | |
| Manufacturing | 8 | $914,050 | SomerCor 504 | |
| Construction | 7 | $297,000 | Huntington National Bank | |
| Transportation and warehousing | 6 | $82,500 | Huntington National Bank | |
| Arts, entertainment and recreation | 5 | $222,900 | Old National Bank | |
| Retail | 5 | $314,000 | CenTrust Bank, A Division of SmartBiz Bank | |
| Professional and technical services | 4 | $190,500 | Grasshopper Bank | |
| Restaurants and hotels | 4 | $744,000 | Small Business Growth |