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SBA lenders in Wauconda, IL

SBA 7(a) and 504 loans to businesses in Wauconda (Lake County), October 2021 to June 30, 2026 · Updated October 15, 2026
31
SBA loans approved
$16.0M
Total approved
$150,000
Median loan
15
Lenders active
19%
To startups

31 SBA loans worth $16.0M went to businesses in Wauconda, IL between October 2021 and June 2026, from 15 lenders. Huntington National Bank made the most, 11 loans. The median loan was $150,000, compared with $231,000 across Illinois, and manufacturing was the most financed industry.

Most active SBA lenders in Wauconda

#LenderLoansApprovedMedian loanTo startups
1Huntington National Bank
Bank · Columbus, OH
11$1.4M$125,00018%
2Small Business Growth
Certified development company · Springfield, IL
4$3.3M$874,0000%
3Live Oak Banking
Bank · Wilmington, NC
2$5.2M$2,575,00050%
4Crystal Lake Bank & Trust Company
Bank · Crystal Lake, IL
2$888K$444,2000%
5SomerCor 504
Certified development company · Chicago, IL
2$725K$362,5000%
6Merchants Bank of Indiana
Bank · Carmel, IN
1$2.9M$2,878,4000%
7Barrington Bank & Trust Company
Bank · Barrington, IL
1$600K$600,0000%
8Byline Bank
Bank · Chicago, IL
1$360K$360,000100%
9Libertyville Bank & Trust Company
Bank · Libertyville, IL
1$250K$250,0000%
10Union National Bank
Bank · Elgin, IL
1$123K$123,2000%
11Readycap Lending
Non-bank lender · Berkeley Heights, NJ
1$105K$105,000100%
12Stearns Bank
Bank · St. Cloud, MN
1$73K$73,0000%
13JPMorgan Chase Bank
Bank · Columbus, OH
1$40K$40,0000%
14Northeast Bank
Bank · Portland, ME
1$25K$25,0000%
15U.S. Bank
Bank · Cincinnati, OH
1$22K$22,000100%
7(a) and 504 lenders combined, ranked by number of loans to businesses in Wauconda. For 504 loans the lender shown is the certified development company.

What gets financed in Wauconda

IndustryLoansShareMedian loanMost active lender
Manufacturing10
32%
$124,100Huntington National Bank
Construction7
23%
$150,000Crystal Lake Bank & Trust Company
Administrative and support services4
13%
$272,500Huntington National Bank
Retail3
10%
$65,000Huntington National Bank
Transportation and warehousing2
6%
$1,459,200JPMorgan Chase Bank
Arts, entertainment and recreation1
3%
$175,000Huntington National Bank
Professional and technical services1
3%
$150,000Huntington National Bank
Education1
3%
$73,000Stearns Bank
Loan size mix
  • Under $150,00045%
  • $150,000 to $500,00029%
  • $500,000 to $2 million19%
  • $2 million and up6%
Compared with Illinois
Median loan, Wauconda
$150,000
Median loan, Illinois
$231,000
Startup share, Wauconda
19%
Startup share, Illinois
27%
Share of state's SBA loans
0.3%

SBA loans per fiscal year in Wauconda

071320FY14: 6 loansFY14FY15: 6 loansFY15FY16: 7 loansFY16FY17: 7 loansFY17FY18: 7 loansFY18FY19: 1 loansFY19FY20: 5 loansFY20FY21: 7 loansFY21FY22: 9 loansFY22FY23: 1 loansFY23FY24: 9 loansFY24FY25: 11 loansFY2511FY26 (Oct to Jun): 1 loansFY261
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.