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SBA lenders in Round Lake, IL

SBA 7(a) and 504 loans to businesses in Round Lake (Lake County), October 2021 to June 30, 2026 · Updated October 15, 2026
34
SBA loans approved
$23.6M
Total approved
$287,500
Median loan
17
Lenders active
38%
To startups

34 SBA loans worth $23.6M went to businesses in Round Lake, IL between October 2021 and June 2026, from 17 lenders. Huntington National Bank made the most, 13 loans. The median loan was $287,500, compared with $231,000 across Illinois, and retail was the most financed industry.

Most active SBA lenders in Round Lake

#LenderLoansApprovedMedian loanTo startups
1Huntington National Bank
Bank · Columbus, OH
13$3.5M$100,00046%
2Byline Bank
Bank · Chicago, IL
3$6.8M$1,452,0000%
3SomerCor 504
Certified development company · Chicago, IL
2$1.7M$845,000100%
4Northeast Bank
Bank · Portland, ME
2$183K$91,60050%
5U.S. Bank
Bank · Cincinnati, OH
2$70K$35,0000%
6Beacon Bank and Trust
Bank · Boston, MA
1$3.7M$3,670,0000%
7Pan American Bank & Trust
Bank · Melrose Park, IL
1$2.1M$2,130,0000%
8Old National Bank
Bank · Evansville, IN
1$1.2M$1,239,8000%
9Small Business Growth
Certified development company · Springfield, IL
1$820K$820,0000%
10State Bank of the Lakes
Bank · Antioch, IL
1$765K$765,0000%
11Celtic Bank
Bank · Salt Lake City, UT
1$760K$760,000100%
12JPMorgan Chase Bank
Bank · Columbus, OH
1$756K$756,5000%
13Citizens Bank
Bank · Elizabethton, TN
1$427K$427,200100%
14Associated Bank
Bank · Green Bay, WI
1$369K$369,000100%
15Heritage Bank
Bank · Burlington, KY
1$150K$150,0000%
7(a) and 504 lenders combined, ranked by number of loans to businesses in Round Lake. For 504 loans the lender shown is the certified development company.

What gets financed in Round Lake

IndustryLoansShareMedian loanMost active lender
Retail10
29%
$375,750Huntington National Bank
Construction6
18%
$100,000Huntington National Bank
Administrative and support services3
9%
$39,000Huntington National Bank
Transportation and warehousing3
9%
$1,239,800Huntington National Bank
Health care and social assistance3
9%
$100,000Huntington National Bank
Arts, entertainment and recreation2
6%
$119,600Northeast Bank
Manufacturing2
6%
$1,278,600Pan American Bank & Trust
Restaurants and hotels2
6%
$2,577,000Beacon Bank and Trust
Loan size mix
  • Under $150,00038%
  • $150,000 to $500,00024%
  • $500,000 to $2 million29%
  • $2 million and up9%
Compared with Illinois
Median loan, Round Lake
$287,500
Median loan, Illinois
$231,000
Startup share, Round Lake
38%
Startup share, Illinois
27%
Share of state's SBA loans
0.3%

SBA loans per fiscal year in Round Lake

071320FY14: 4 loansFY14FY15: 4 loansFY15FY16: 5 loansFY16FY17: 3 loansFY17FY18: 6 loansFY18FY19: 5 loansFY19FY20: 5 loansFY20FY21: 2 loansFY21FY22: 6 loansFY22FY23: 7 loansFY23FY24: 12 loansFY2412FY25: 4 loansFY25FY26 (Oct to Jun): 5 loansFY265
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.