SBA Loans in Morton Grove, IL

Explore recent SBA 7(a) and 504 lending activity in Morton Grove. 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

187

all programs

Approved $

$66.6M

last 24 months

Avg loan

$356K

median $245K

Active lenders

approved here

Jobs supported

1,220

cumulative

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MORTON GROVE · 187 LOANS

Top lenders in Morton Grove

JPMorgan Chase Bank, National Association

Citizens Bank, National Association

Bank of Hope

Small Business Growth Corporation

SomerCor 504, Inc.

The Huntington National Bank

Top industries in Morton Grove

Drycleaning and Laundry Services (except Coin-Operated)

Full-Service Restaurants

Offices of Dentists

Limited-Service Restaurants

"General Freight Trucking, Long-Distance, Truckload"

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Loan records · Morton Grove, IL

187 records

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Borrower

Location

Program

Industry

Red Roof Morton Grove LLC Millennium Bank

Morton Grove, IL

60053

$2,632,000

$376K

7(a)

Hotels (except Casino Hotels) and Motels

2022-04-27

Super Eight Properties LLC Millennium Bank

Morton Grove, IL

60053

$2,632,000

$376K

7(a)

Hotels (except Casino Hotels) and Motels

2022-04-29

High Performance Enterprise, Inc.Small Business Growth Corporation

Morton Grove, IL

60053

$2,343,000

$67K

504

All Other Personal Services

2023-12-22

DEHAN HOME MEDICAL EQUIPMENT & SUPPLIES, LLC Fifth Third Bank

Morton Grove, IL

60053

$2,000,000

$286K

7(a)

"Medical, Dental, and Hospital Equipment and Supplies Merchant Wholesalers"

2024-08-14

AALA Enterprises, Inc.Byline Bank

Morton Grove, IL

60053

$1,850,000

–

7(a)

Gasoline Stations with Convenience Stores

2010-02-17

New Windy City Chicago Co Citizens Bank

Morton Grove, IL

60053

$1,780,800

$89K

7(a)

General Automotive Repair

2025-08-25

MELROSE PHILLIPS U.S. Bank, National Association

Morton Grove, IL

60053

$1,406,000

–

7(a)

Gasoline Stations with Convenience Stores

2005-11-22

Dynamic Group, Inc.CenTrust Bank, A Division of SmartBiz Bank National Association

Morton Grove, IL

60053

$1,376,000

$98K

7(a)

All Other Home Furnishings Stores

2020-02-11

KYI Enterprises, Inc.22nd State Bank, A Division of 22nd State Banking Company

Morton Grove, IL

60053

$1,340,400

$58K

7(a)

Sporting Goods Retailers

2024-12-02

North Shore Center of Dental Health Wells Fargo Bank National Association

Morton Grove, IL

60053

$1,250,000

–

7(a)

Offices of Dentists

1996-07-15

CLEANERS DEPOT Fifth Third Bank

Morton Grove, IL

60521

$1,223,000

$53K

7(a)

Drycleaning and Laundry Services (except Coin-Operated)

2002-09-17

Ameralloy Steel Corporation Live Oak Banking Company

Morton Grove, IL

60053

$1,210,000

$110K

7(a)

Metal Service Centers and Other Metal Merchant Wholesalers

2020-04-23

New Age Dental, LLC Live Oak Banking Company

Morton Grove, IL

60053

$1,175,000

–

7(a)

Offices of Dentists

2010-03-23

PA Capital, LLC Byline Bank

Morton Grove, IL

60053

$1,157,000

$96K

7(a)

All Other Health and Personal Care Retailers

2022-06-02

CHAMPS SPORTS BAR AND GRILL GreenState CU

Morton Grove, IL

60053

$1,100,000

–

7(a)

–

1994-01-28

S.P.R.P. LLC Northbrook Bank & Trust Company, National Association

Morton Grove, IL

60053

$1,075,225

–

7(a)

Excavation Contractors

2003-09-03

Magnolia Saxony LLC Small Business Growth Corporation

Morton Grove, IL

60053

$1,038,000

$104K

504

Furniture Merchant Wholesalers

2023-01-10

QUIK KUP COFFEE SERVICE Business Loan Center, LLC

Morton Grove, IL

60053

$1,030,000

$61K

7(a)

Other Grocery and Related Products Wholesalers

1999-02-17

Dunkin’ Donuts SomerCor 504, Inc.

Morton Grove, IL

60053

$1,025,000

$256K

504

Limited-Service Restaurants

2024-09-05

Sok Chin Kim PCB Bank

Morton Grove, IL

60053

$1,000,000

$200K

7(a)

Coin-Operated Laundries and Drycleaners

2018-01-23

MS FOOD & LIQUOR LLC Readycap Lending, LLC

Morton Grove, IL

60053

$1,000,000

$333K

7(a)

Beer, Wine, and Liquor Retailers

2024-11-07

SUPER 8 MOTEL Busey Bank

Morton Grove, IL

60053

$950,000

–

7(a)

Hotels (except Casino Hotels) and Motels

2001-06-08

SHREE VISHNU INC Busey Bank

Morton Grove, IL

60053

$950,000

–

7(a)

Hotels (except Casino Hotels) and Motels

2003-05-02

DEHAN HOME MEDICAL EQUIPMENT & SUPPLIES, LLC Byline Bank

Morton Grove, IL

60053

$945,000

$473K

7(a)

All Other Health and Personal Care Retailers

2024-03-21

Lin-Mar Motors Inc.SomerCor 504, Inc.

Morton Grove, IL

60714

$899,000

$53K

504

"Automotive Body, Paint, and Interior Repair and Maintenance"

2010-12-27

Red Roof Morton Grove LLC

Morton Grove, IL · 60053

$2,632,000

7(a)

Millennium Bank$376K/job · 2022-04-27

Super Eight Properties LLC

Morton Grove, IL · 60053

$2,632,000

7(a)

Millennium Bank$376K/job · 2022-04-29

High Performance Enterprise, Inc.

Morton Grove, IL · 60053

$2,343,000

504

Small Business Growth Corporation$67K/job · 2023-12-22

DEHAN HOME MEDICAL EQUIPMENT & SUPPLIES, LLC

Morton Grove, IL · 60053

$2,000,000

7(a)

Fifth Third Bank$286K/job · 2024-08-14

AALA Enterprises, Inc.

Morton Grove, IL · 60053

$1,850,000

7(a)

Byline Bank2010-02-17

New Windy City Chicago Co

Morton Grove, IL · 60053

$1,780,800

7(a)

Citizens Bank$89K/job · 2025-08-25

MELROSE PHILLIPS

Morton Grove, IL · 60053

$1,406,000

7(a)

U.S. Bank, National Association2005-11-22

Dynamic Group, Inc.

Morton Grove, IL · 60053

$1,376,000

7(a)

CenTrust Bank, A Division of SmartBiz Bank National Association$98K/job · 2020-02-11

KYI Enterprises, Inc.

Morton Grove, IL · 60053

$1,340,400

7(a)

22nd State Bank, A Division of 22nd State Banking Company$58K/job · 2024-12-02

North Shore Center of Dental Health

Morton Grove, IL · 60053

$1,250,000

7(a)

Wells Fargo Bank National Association1996-07-15

CLEANERS DEPOT

Morton Grove, IL · 60521

$1,223,000

7(a)

Fifth Third Bank$53K/job · 2002-09-17

Ameralloy Steel Corporation

Morton Grove, IL · 60053

$1,210,000

7(a)

Live Oak Banking Company$110K/job · 2020-04-23

New Age Dental, LLC

Morton Grove, IL · 60053

$1,175,000

7(a)

Live Oak Banking Company2010-03-23

PA Capital, LLC

Morton Grove, IL · 60053

$1,157,000

7(a)

Byline Bank$96K/job · 2022-06-02

CHAMPS SPORTS BAR AND GRILL

Morton Grove, IL · 60053

$1,100,000

7(a)

GreenState CU1994-01-28

S.P.R.P. LLC

Morton Grove, IL · 60053

$1,075,225

7(a)

Northbrook Bank & Trust Company, National Association2003-09-03

Magnolia Saxony LLC

Morton Grove, IL · 60053

$1,038,000

504

Small Business Growth Corporation$104K/job · 2023-01-10

QUIK KUP COFFEE SERVICE

Morton Grove, IL · 60053

$1,030,000

7(a)

Business Loan Center, LLC$61K/job · 1999-02-17

Dunkin’ Donuts

Morton Grove, IL · 60053

$1,025,000

504

SomerCor 504, Inc.$256K/job · 2024-09-05

Sok Chin Kim

Morton Grove, IL · 60053

$1,000,000

7(a)

PCB Bank$200K/job · 2018-01-23

MS FOOD & LIQUOR LLC

Morton Grove, IL · 60053

$1,000,000

7(a)

Readycap Lending, LLC$333K/job · 2024-11-07

SUPER 8 MOTEL

Morton Grove, IL · 60053

Morton Grove, IL · 60053

$950,000

7(a)

Busey Bank2003-05-02

DEHAN HOME MEDICAL EQUIPMENT & SUPPLIES, LLC

Morton Grove, IL · 60053

$945,000

7(a)

Byline Bank$473K/job · 2024-03-21

Lin-Mar Motors Inc.

Morton Grove, IL · 60714

$899,000

504

SomerCor 504, Inc.$53K/job · 2010-12-27

1–25 of 187

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