SBA Loans in Island Lake, IL

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

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Total SBA loans

all programs

Approved $

$15.0M

last 24 months

Avg loan

$357K

median $245K

Active lenders

approved here

Jobs supported

190

cumulative

Loan activity map

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ISLAND LAKE · 42 LOANS

Top lenders in Island Lake

JPMorgan Chase Bank, National Association

Fifth Third Bank

BMO Bank National Association

SomerCor 504, Inc.

Byline Bank

Capital Bank, National Association

Top industries in Island Lake

Child Day Care Services

Offices of Dentists

Computer Systems Design Services

Limited-Service Restaurants

Plumbing and Heating Equipment and Supplies (Hydronics) Merchant Wholesalers

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Loan records · Island Lake, IL

42 records

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Borrower

Location

Program

Industry

Mechanical Equipment Company, Inc.Capital Bank, National Association

Island Lake, IL

60042

$3,657,500

$261K

7(a)

Plumbing and Heating Equipment and Supplies (Hydronics) Merchant Wholesalers

2023-11-29

Darrell Road Realty LLC Small Business Growth Corporation

Island Lake, IL

60042

$2,960,000

$592K

504

Packaging and Labeling Services

2022-01-06

KPKC Management, LLC Byline Bank

Island Lake, IL

60042

$1,279,000

$67K

7(a)

Child Day Care Services

2013-01-09

NARROW PATH REALTY LLC Old National Bank

Island Lake, IL

60042

$637,700

$159K

7(a)

All Other Miscellaneous Manufacturing

2022-10-20

LAKE COUNTY MARK INC Byline Bank

Island Lake, IL

60042

$600,000

$100K

7(a)

Gasoline Stations with Convenience Stores

2015-05-13

Island Lake Veterinary Clinic, P.C.JPMorgan Chase Bank, National Association

Island Lake, IL

60042

$599,300

$86K

7(a)

Veterinary Services

2011-11-25

J & S P FOOD INC Fifth Third Bank

Island Lake, IL

60042

$510,000

$73K

7(a)

Baked Goods Stores

2004-11-16

Brad Bailey Sales LLC Village Bank and Trust, National Association

Island Lake, IL

60042

$488,000

$244K

7(a)

"Truck, Utility Trailer, and RV (Recreational Vehicle) Rental and Leasing"

2021-03-25

Lake Immediate Care and Clinic, S.C.Wessex 504 Corporation

Island Lake, IL

60014

$463,000

$93K

504

Offices of Physicians (except Mental Health Specialists)

2016-04-19

PREFERRED EQUIPMENT MFG., INC.SomerCor 504, Inc.

Island Lake, IL

60042

$421,000

$84K

504

–

1997-08-28

Maksim Ilyukhin DBA Island Lake Animal Clinic Live Oak Banking Company

Island Lake, IL

60042

$395,000

–

7(a)

Veterinary Services

2009-06-02

MECHANICAL EQUIPMENT COMPANY INC Capital Bank, National Association

Island Lake, IL

60042

$320,000

$25K

7(a)

Plumbing and Heating Equipment and Supplies (Hydronics) Merchant Wholesalers

2023-11-03

Young Scholars Child Care Center, LTD SomerCor 504, Inc.

Island Lake, IL

60042

$314,000

$63K

504

Child Day Care Services

2002-12-16

ISLAND CAFE, INC.SomerCor 504, Inc.

Island Lake, IL

60042

$219,000

$55K

504

–

2000-04-24

GENTLE DENTAL OF ISLAND LAKE, LTD.The Huntington National Bank

Island Lake, IL

60042

$205,000

$205K

7(a)

Offices of Dentists

2020-03-24

GENTLE DENTAL OF ISLAND LAKE, LTD.First Bank of the Lake

Island Lake, IL

60042

$150,000

$150K

7(a)

Offices of Dentists

2024-01-05

MEYER METAL SYSTEMS, INC.BMO Bank National Association

Island Lake, IL

60042

$150,000

–

7(a)

Ornamental and Architectural Metal Work Manufacturing

2002-11-18

PEGGY'S VIDEO GALLERY, LTD.BMO Bank National Association

Island Lake, IL

60042

$150,000

–

7(a)

Video Tape and Disc Rental

2001-09-04

SUBWAY 31527 Fifth Third Bank

Island Lake, IL

60042

$140,000

–

7(a)

Limited-Service Restaurants

2005-04-27

Foley Enterprises LLC Small Business Growth Corporation

Island Lake, IL

60042

$112,000

$112K

504

Custom Computer Programming Services

2025-02-27

Jupiter Enterprises, LLC First Mid Bank & Trust, National Association

Island Lake, IL

60042

$107,000

$54K

7(a)

Fitness and Recreational Sports Centers

2013-12-16

GENTLE DENTAL OF ISLAND LAKE, LTD.Heritage Bank Inc

Island Lake, IL

60042

$100,000

$25K

7(a)

Offices of Dentists

2023-08-30

American Solid Grounds, Inc.JPMorgan Chase Bank, National Association

Island Lake, IL

60042

$100,000

$33K

7(a)

"All Other Professional, Scientific, and Technical Services"

2006-11-01

HAPPY TAILS RANCH, INC The Huntington National Bank

Island Lake, IL

60042

$100,000

–

7(a)

Pet Care (except Veterinary) Services

2003-12-01

GENTLE DENTAL OF ISLAND LAKE, LTD.BayFirst National Bank

Island Lake, IL

60042

$93,500

–

7(a)

Offices of Dentists

2023-03-20

Mechanical Equipment Company, Inc.

Island Lake, IL · 60042

$3,657,500

7(a)

Capital Bank, National Association$261K/job · 2023-11-29

Darrell Road Realty LLC

Island Lake, IL · 60042

$2,960,000

504

Small Business Growth Corporation$592K/job · 2022-01-06

KPKC Management, LLC

Island Lake, IL · 60042

$1,279,000

7(a)

Byline Bank$67K/job · 2013-01-09

NARROW PATH REALTY LLC

Island Lake, IL · 60042

$637,700

7(a)

Old National Bank$159K/job · 2022-10-20

LAKE COUNTY MARK INC

Island Lake, IL · 60042

$600,000

7(a)

Byline Bank$100K/job · 2015-05-13

Island Lake Veterinary Clinic, P.C.

Island Lake, IL · 60042

$599,300

7(a)

JPMorgan Chase Bank, National Association$86K/job · 2011-11-25

J & S P FOOD INC

Island Lake, IL · 60042

$510,000

7(a)

Fifth Third Bank$73K/job · 2004-11-16

Brad Bailey Sales LLC

Island Lake, IL · 60042

$488,000

7(a)

Village Bank and Trust, National Association$244K/job · 2021-03-25

Lake Immediate Care and Clinic, S.C.

Island Lake, IL · 60014

$463,000

504

Wessex 504 Corporation$93K/job · 2016-04-19

PREFERRED EQUIPMENT MFG., INC.

Island Lake, IL · 60042

$421,000

504

SomerCor 504, Inc.$84K/job · 1997-08-28

Maksim Ilyukhin DBA Island Lake Animal Clinic

Island Lake, IL · 60042

$395,000

7(a)

Live Oak Banking Company2009-06-02

MECHANICAL EQUIPMENT COMPANY INC

Island Lake, IL · 60042

$320,000

7(a)

Capital Bank, National Association$25K/job · 2023-11-03

Young Scholars Child Care Center, LTD

Island Lake, IL · 60042

$314,000

504

SomerCor 504, Inc.$63K/job · 2002-12-16

ISLAND CAFE, INC.

Island Lake, IL · 60042

$219,000

504

SomerCor 504, Inc.$55K/job · 2000-04-24

GENTLE DENTAL OF ISLAND LAKE, LTD.

Island Lake, IL · 60042

$205,000

7(a)

The Huntington National Bank$205K/job · 2020-03-24

GENTLE DENTAL OF ISLAND LAKE, LTD.

Island Lake, IL · 60042

$150,000

7(a)

First Bank of the Lake$150K/job · 2024-01-05

MEYER METAL SYSTEMS, INC.

Island Lake, IL · 60042

$150,000

7(a)

BMO Bank National Association2002-11-18

PEGGY'S VIDEO GALLERY, LTD.

Island Lake, IL · 60042

$150,000

7(a)

BMO Bank National Association2001-09-04

SUBWAY 31527

Island Lake, IL · 60042

$140,000

7(a)

Fifth Third Bank2005-04-27

Foley Enterprises LLC

Island Lake, IL · 60042

$112,000

504

Small Business Growth Corporation$112K/job · 2025-02-27

Jupiter Enterprises, LLC

Island Lake, IL · 60042

$107,000

7(a)

First Mid Bank & Trust, National Association$54K/job · 2013-12-16

GENTLE DENTAL OF ISLAND LAKE, LTD.

Island Lake, IL · 60042

$100,000

7(a)

Heritage Bank Inc$25K/job · 2023-08-30

American Solid Grounds, Inc.

Island Lake, IL · 60042

$100,000

7(a)

JPMorgan Chase Bank, National Association$33K/job · 2006-11-01

HAPPY TAILS RANCH, INC

Island Lake, IL · 60042

$100,000

7(a)

The Huntington National Bank2003-12-01

GENTLE DENTAL OF ISLAND LAKE, LTD.

Island Lake, IL · 60042

$93,500

7(a)

BayFirst National Bank2023-03-20

1–25 of 42

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