35 SBA loans worth $24.6M went to businesses in Loves Park, IL between October 2021 and June 2026, from 14 lenders. St. Charles Bank & Trust Company made the most, 13 loans. The median loan was $500,000, 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 | St. Charles Bank & Trust Company Bank · St. Charles, IL | 13 | $7.1M | $400,000 | 0% |
| 2 | Byline Bank Bank · Chicago, IL | 3 | $3.5M | $500,000 | 33% |
| 3 | Foresight Bank Bank · Winnebago, IL | 3 | $712K | $252,000 | 33% |
| 4 | Small Business Growth Certified development company · Springfield, IL | 2 | $1.4M | $698,000 | 0% |
| 5 | Rockford Local Development Certified development company · Rockford, IL | 2 | $1.4M | $688,500 | 0% |
| 6 | Newtek Bank Bank · Miami, FL | 2 | $850K | $425,000 | 0% |
| 7 | PNC Bank Bank · Wilmington, DE | 2 | $624K | $312,250 | 50% |
| 8 | JPMorgan Chase Bank Bank · Columbus, OH | 2 | $80K | $40,000 | 0% |
| 9 | WBD Certified development company · Madison, WI | 1 | $4.3M | $4,333,000 | 0% |
| 10 | Merchants Bank of Indiana Bank · Carmel, IN | 1 | $1.7M | $1,700,900 | 0% |
| 11 | Capital One Bank · McLean, VA | 1 | $1.2M | $1,225,700 | 100% |
| 12 | Huntington National Bank Bank · Columbus, OH | 1 | $981K | $981,000 | 100% |
| 13 | Village Bank and Trust Bank · Arlington Heights, IL | 1 | $650K | $650,000 | 100% |
| 14 | Midland States Bank Bank · Effingham, IL | 1 | $50K | $50,000 | 0% |
| Industry | Loans | Share | Median loan | Most active lender |
|---|---|---|---|---|
| Other services (repair, personal care) | 7 | $251,000 | St. Charles Bank & Trust Company | |
| Manufacturing | 6 | $780,800 | Byline Bank | |
| Wholesale trade | 4 | $912,650 | St. Charles Bank & Trust Company | |
| Professional and technical services | 3 | $984,000 | St. Charles Bank & Trust Company | |
| Construction | 3 | $161,400 | St. Charles Bank & Trust Company | |
| Administrative and support services | 3 | $360,000 | Newtek Bank | |
| Health care and social assistance | 3 | $604,500 | Huntington National Bank | |
| Retail | 3 | $252,000 | Merchants Bank of Indiana |