SBA Loans in Sterling, IL

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

Browse all loans Find lenders in Sterling

Total SBA loans

all programs

Approved $

$15.5M

last 24 months

Avg loan

$278K

median $245K

Active lenders

approved here

Jobs supported

517

cumulative

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STERLING · 56 LOANS

Top lenders in Sterling

U.S. Bank, National Association

BMO Bank National Association

Fifth Third Bank

Rockford Local Development Corporation

Midland States Bank

Small Business Growth Corporation

Top industries in Sterling

Full-Service Restaurants

All Other Specialty Food Stores

Coin-Operated Laundries and Drycleaners

Gasoline Stations with Convenience Stores

All Other Specialty Trade Contractors

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Loan records · Sterling, IL

56 records

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Borrower

Location

Program

Industry

PAONES BLACKHAWK LANES, INC.First Bank

Sterling, IL

61081

$1,696,700

$85K

7(a)

Bowling Centers

2017-12-04

ADVANCED ANIMAL HEALTH CENTER Wells Fargo Bank National Association

Sterling, IL

61081

$1,420,000

$79K

7(a)

Veterinary Services

2000-11-15

M&K LIQUOR, INC.Northeast Bank

Sterling, IL

61081

$1,345,000

$269K

7(a)

Gasoline Stations with Convenience Stores

2007-10-26

D.T. Real Estate Holdings LLC Small Business Growth Corporation

Sterling, IL

61081

$1,132,000

$6K

504

All Other Support Services

2020-01-27

BSL ENTERPRISES, L.L.C.BMO Bank National Association

Sterling, IL

61081

$1,032,000

–

7(a)

Automotive Parts and Accessories Stores

2004-12-10

STOP & SAVE II Centerstone SBA Lending, Inc.

Sterling, IL

61081

$883,000

$25K

7(a)

Gasoline Stations with Convenience Stores

2025-09-09

G-MART, INC.BMO Bank National Association

Sterling, IL

61081

$720,000

–

7(a)

Gasoline Stations with Convenience Stores

2003-09-03

THOMPSON TIRE & RETREAD, INC.Rockford Local Development Corporation

Sterling, IL

61081

$706,000

$35K

504

Automobile and Other Motor Vehicle Merchant Wholesalers

2006-11-28

JASON T DUBREE Hana Small Business Lending, Inc.

Sterling, IL

61081

$530,000

$27K

7(a)

Limited-Service Restaurants

2012-08-31

Weigle, LLC Fifth Third Bank

Sterling, IL

61081

$427,000

$17K

7(a)

Pet and Pet Supplies Stores

2005-11-03

UNIVERSAL RESTAURANT GROUP,INC BMO Bank National Association

Sterling, IL

61081

$425,000

–

7(a)

Full-Service Restaurants

2003-06-05

WENDY L WELLS Rockford Local Development Corporation

Sterling, IL

61081

$378,000

$42K

504

Offices of Dentists

2007-01-08

2325 Lincolnway HWY, LLC Small Business Growth Corporation

Sterling, IL

61081

$369,000

$369K

504

Bowling Centers

2024-01-22

STERLING A & W Midland States Bank

Sterling, IL

61081

$332,000

–

7(a)

–

1993-01-19

THE HERB CELLAR AND MORE INC Rockford Local Development Corporation

Sterling, IL

61081

$320,000

$27K

504

All Other Specialty Food Stores

2006-10-31

Lundstrom Florist, Inc.Fifth Third Bank

Sterling, IL

61081

$290,000

$24K

7(a)

Florists

2005-07-07

Duragrind, Inc.Rockford Local Development Corporation

Sterling, IL

61081

$284,000

$57K

504

Cutting Tool and Machine Tool Accessory Manufacturing

2017-01-11

FOLSOM'S OLDE TYME BAKERY Midland States Bank

Sterling, IL

61081

$275,000

$21K

7(a)

Commercial Bakeries

2000-04-24

Lundstrom Florist, Inc.Sterling Federal Bank, F.S.B.

Sterling, IL

61081

$273,000

$55K

7(a)

"Flower, Nursery Stock, and Florists' Supplies Merchant Wholesalers"

2024-08-08

LITTLE WILLIAM, LLC U.S. Bank, National Association

Sterling, IL

61081

$251,000

$4K

7(a)

Limited-Service Restaurants

2014-06-27

G and G Consulting Company Laundry Facil Small Business Growth Corporation

Sterling, IL

61081

$232,000

–

504

Coin-Operated Laundries and Drycleaners

2011-09-16

G and G Consulting Company Time Bank

Sterling, IL

61081

$190,000

$63K

7(a)

Coin-Operated Laundries and Drycleaners

2008-04-24

G AND G CONSULTING COMPANY LAUNDRY FACILITES Time Bank

Sterling, IL

61081

$171,000

$29K

7(a)

Coin-Operated Laundries and Drycleaners

2010-08-12

THE LITTLE CHOCOLATIER INC BMO Bank National Association

Sterling, IL

61081

$160,000

$27K

7(a)

All Other Specialty Food Stores

2007-05-18

GROVE DOLLAR STORE Fifth Third Bank

Sterling, IL

61081

$150,000

–

7(a)

"Gift, Novelty, and Souvenir Stores"

2003-04-15

PAONES BLACKHAWK LANES, INC.

Sterling, IL · 61081

$1,696,700

7(a)

First Bank$85K/job · 2017-12-04

ADVANCED ANIMAL HEALTH CENTER

Sterling, IL · 61081

$1,420,000

7(a)

Wells Fargo Bank National Association$79K/job · 2000-11-15

Northeast Bank$269K/job · 2007-10-26

D.T. Real Estate Holdings LLC

Sterling, IL · 61081

$1,132,000

504

Small Business Growth Corporation$6K/job · 2020-01-27

BSL ENTERPRISES, L.L.C.

Sterling, IL · 61081

$1,032,000

7(a)

BMO Bank National Association2004-12-10

Centerstone SBA Lending, Inc.$25K/job · 2025-09-09

BMO Bank National Association2003-09-03

THOMPSON TIRE & RETREAD, INC.

Sterling, IL · 61081

$706,000

504

Rockford Local Development Corporation$35K/job · 2006-11-28

Hana Small Business Lending, Inc.$27K/job · 2012-08-31

Fifth Third Bank$17K/job · 2005-11-03

UNIVERSAL RESTAURANT GROUP,INC

Sterling, IL · 61081

$425,000

7(a)

BMO Bank National Association2003-06-05

Rockford Local Development Corporation$42K/job · 2007-01-08

2325 Lincolnway HWY, LLC

Sterling, IL · 61081

$369,000

504

Small Business Growth Corporation$369K/job · 2024-01-22

Midland States Bank1993-01-19

THE HERB CELLAR AND MORE INC

Sterling, IL · 61081

$320,000

504

Rockford Local Development Corporation$27K/job · 2006-10-31

Lundstrom Florist, Inc.

Sterling, IL · 61081

$290,000

7(a)

Fifth Third Bank$24K/job · 2005-07-07

Rockford Local Development Corporation$57K/job · 2017-01-11

FOLSOM'S OLDE TYME BAKERY

Sterling, IL · 61081

$275,000

7(a)

Midland States Bank$21K/job · 2000-04-24

Lundstrom Florist, Inc.

Sterling, IL · 61081

$273,000

7(a)

Sterling Federal Bank, F.S.B.$55K/job · 2024-08-08

U.S. Bank, National Association$4K/job · 2014-06-27

G and G Consulting Company Laundry Facil

Sterling, IL · 61081

$232,000

504

Small Business Growth Corporation2011-09-16

G and G Consulting Company

Sterling, IL · 61081

$190,000

7(a)

Time Bank$63K/job · 2008-04-24

G AND G CONSULTING COMPANY LAUNDRY FACILITES

Sterling, IL · 61081

$171,000

7(a)

Time Bank$29K/job · 2010-08-12

THE LITTLE CHOCOLATIER INC

Sterling, IL · 61081

$160,000

7(a)

BMO Bank National Association$27K/job · 2007-05-18

Fifth Third Bank2003-04-15

1–25 of 56

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