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SBA Loans in Freeport, IL

Explore recent SBA 7(a) and 504 lending activity in Freeport. See which lenders are active, what industries are getting funded, and how much capital is flowing into local small businesses.

Total SBA loans
107
all programs
Approved $
$42.8M
last 24 months
Avg loan
$400K
median $245K
Active lenders
25
approved here
Jobs supported
780
cumulative

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FREEPORT · 107 LOANS

Top lenders in Freeport

U.S. Bank, National Association
26
Small Business Growth Corporation
12
Rockford Local Development Corporation
11
Foresight Bank
7
UMB Bank, National Association
7
BMO Bank National Association
6

Top industries in Freeport

Fitness and Recreational Sports Centers
5
Hotels (except Casino Hotels) and Motels
5
Offices of Chiropractors
5
Drinking Places (Alcoholic Beverages)
4
Limited-Service Restaurants
4
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Loan records · Freeport, IL
107 records
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KSR HOSPITALITY LLC
Freeport, IL · 61032
$2,965,000
7(a)
First Western SBLC, Inc$93K/job · 2016-11-11
Bocker Chevrolet, Buick, GMC, Cadillac,
Freeport, IL · 61032
$2,210,000
504
SomerCor 504, Inc.$221K/job · 2016-09-29
Fischer Excavating Inc.
Freeport, IL · 61032
$2,000,000
7(a)
Byline Bank$24K/job · 2013-05-07
STARTEL CORPORATION
Freeport, IL · 61032
$2,000,000
7(a)
Foresight Bank$57K/job · 2010-06-09
A-1 Perfection Enterprises, Inc.
Freeport, IL · 61032
$2,000,000
7(a)
Midland States Bank$400K/job · 2014-05-28
ASM Hospitality Inc.
Freeport, IL · 61032
$1,730,000
7(a)
GBank$1.7M/job · 2022-08-08
Fischer Excavating Inc.
Freeport, IL · 61032
$1,550,000
7(a)
Byline Bank$19K/job · 2013-05-07
A-1 Perfection Enterprises, Inc.
Freeport, IL · 61032
$1,500,000
7(a)
Midland States Bank$300K/job · 2014-05-21
J. Hermann Ltd.
Freeport, IL · 61032
$1,400,000
7(a)
Live Oak Banking Company$280K/job · 2017-07-17
NNDYM FP, Inc.
Freeport, IL · 61032
$1,400,000
7(a)
OakStar Bank$70K/job · 2015-03-26
Country Inn and Suites
Freeport, IL · 61032
$1,210,000
504
Small Business Growth Corporation$81K/job · 2016-09-23
Johnson & Jewell Inc.
Freeport, IL · 61032
$1,102,000
7(a)
First Bank of the Lake$276K/job · 2025-05-20
WALKER MORTUARY LTD
Freeport, IL · 61032
$1,100,500
7(a)
Live Oak Banking Company$220K/job · 2012-06-06
Water Castle Car Wash
Freeport, IL · 61032
$1,052,000
504
Rockford Local Development Corporation$132K/job · 2019-10-07
GAS USA, CO.
Freeport, IL · 61032
$950,000
7(a)
Business Loan Center, LLC$238K/job · 2003-01-09
SUMMIT STEEL & MANUFACTURING, INC.
Freeport, IL · 61032
$800,000
504
Small Business Growth Corporation$73K/job · 2007-06-06
HEINE PLASTICS INC.
Freeport, IL · 61032
$782,000
504
SomerCor 504, Inc.$31K/job · 2000-08-03
Barkau Chrysler Dodge Jeep Ram
Freeport, IL · 61032
$758,000
504
Rockford Local Development Corporation$36K/job · 2018-07-31
CIMINOS INC
Freeport, IL · 61032
$658,400
7(a)
U.S. Bank, National Association$39K/job · 2008-06-09
POPLAR RIDGE HOSPITALITY, INC.
Freeport, IL · 61032
$651,000
504
Illinois Business Financial Services$33K/job · 1995-03-03
HIGHLAND WOMEN'S CARE, LTD.
Freeport, IL · 61032
$628,000
504
Small Business Growth Corporation$79K/job · 2002-12-10
ANTONINOS INC
Freeport, IL · 61032
$560,000
7(a)
Fifth Third Bank$19K/job · 2000-07-10
Freeport Hotel Group, Inc.
Freeport, IL · 61032
$549,300
7(a)
Byline Bank$55K/job · 2014-09-12
SENASYS
Freeport, IL · 61032
$528,000
7(a)
BMO Bank National Association$176K/job · 1999-11-22
ITYS PROPERTIES, LLC
Freeport, IL · 61032
$526,500
7(a)
UMB Bank, National Association$88K/job · 2017-04-05
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