SBA Loans in Waukegan, IL

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

Total SBA loans

267

all programs

Approved $

$168.3M

last 24 months

Avg loan

$630K

median $245K

Active lenders

approved here

Jobs supported

2,901

cumulative

Loan activity map

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WAUKEGAN · 267 LOANS

Top lenders in Waukegan

Byline Bank

Fifth Third Bank

Associated Bank, National Association

JPMorgan Chase Bank, National Association

Small Business Growth Corporation

SomerCor 504, Inc.

Top industries in Waukegan

Hotels (except Casino Hotels) and Motels

Gasoline Stations with Convenience Stores

Full-Service Restaurants

Car Washes

General Automotive Repair

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Loan records · Waukegan, IL

267 records

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Borrower

Location

Program

Industry

LHG Waukegan Inc Millennium Bank

Waukegan, IL

60085

$5,000,000

$417K

7(a)

Hotels (except Casino Hotels) and Motels

2024-09-20

Bay Marine of Chicago, LLC Byline Bank

Waukegan, IL

60085

$4,860,000

$243K

7(a)

Boat Dealers

2017-05-08

BIG ED'S BBQ LLC Byline Bank

Waukegan, IL

60085

$4,400,000

$142K

7(a)

Full-Service Restaurants

2024-02-16

Henry Broch & Co First Merchants Bank

Waukegan, IL

60087

$4,320,000

$36K

7(a)

Other Grocery and Related Products Merchant Wholesalers

2017-10-30

RAINBOW CLEANING SYSTEMS INC LendingClub Bank, National Association

Waukegan, IL

60085

$4,164,000

$19K

7(a)

Janitorial Services

2021-08-09

Hampton Inn and Suites Waukegan SomerCor 504, Inc.

Waukegan, IL

60085

$3,987,000

$133K

504

Hotels (except Casino Hotels) and Motels

2016-10-13

LUDLOW MANUFACTURING, INC.Barrington Bank & Trust Company, National Association

Waukegan, IL

60087

$3,692,000

$49K

7(a)

All Other Miscellaneous Fabricated Metal Product Manufacturing

2019-03-07

HOME TOWNE STUDIO WAUKEGAN LLC GBank

Waukegan, IL

60085

$3,617,000

$904K

7(a)

Hotels (except Casino Hotels) and Motels

2023-11-10

Madhavam LLC Byline Bank

Waukegan, IL

60085

$3,600,000

$212K

7(a)

Hotels (except Casino Hotels) and Motels

2023-09-28

Weiss Insurance Agencies, Inc.Byline Bank

Waukegan, IL

60184

$3,500,000

$130K

7(a)

Insurance Agencies and Brokerages

2016-06-07

KARUNESH LLC GBank

Waukegan, IL

60085

$3,400,000

$680K

7(a)

Hotels (except Casino Hotels) and Motels

2021-09-09

Lake County Sports Center and Entertainment Inc.Byline Bank

Waukegan, IL

60085

$3,230,000

$404K

7(a)

Fitness and Recreational Sports Centers

2021-09-08

Impact Networking, LLC Signature Bank

Waukegan, IL

60085

$3,000,000

$20K

7(a)

Stationery and Office Supplies Merchant Wholesalers

2013-01-23

Lakehurst Investments LLC The Huntington National Bank

Waukegan, IL

60085

$2,870,000

$957K

7(a)

All Other Amusement and Recreation Industries

2017-04-19

SAI RAM PROPERTIES LLC LendingClub Bank, National Association

Waukegan, IL

60085

$2,797,000

$350K

7(a)

Gasoline Stations with Convenience Stores

2020-12-14

BIG ED'S BBQ LLC Byline Bank

Waukegan, IL

60085

$2,650,000

$85K

7(a)

Full-Service Restaurants

2024-05-17

Top Line Transportation Co. and GRADE -A- TRANSPORTATION INC.U.S. Bank, National Association

Waukegan, IL

60085

$2,470,600

$1.2M

7(a)

School and Employee Bus Transportation

2023-11-18

Super Fresh Market SomerCor 504, Inc.

Waukegan, IL

60085

$2,180,000

$13K

504

Supermarkets and Other Grocery (except Convenience) Stores

2012-08-24

NEW CANDLE SONAL LLC GBank

Waukegan, IL

60085

$2,116,000

$1.1M

7(a)

Hotels (except Casino Hotels) and Motels

2020-09-14

Lake County Ice & Sports Center LLC Byline Bank

Waukegan, IL

60085

$2,000,000

—

7(a)

Fitness and Recreational Sports Centers

2010-12-23

Grace Hotels LLC Rockford Local Development Corporation

Waukegan, IL

60085

$1,995,000

$50K

504

Hotels (except Casino Hotels) and Motels

2007-01-05

MAACO WAUKEGAN Live Oak Banking Company

Waukegan, IL

60085

$1,870,000

$125K

7(a)

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

2023-06-20

Janki Hospitality, Inc.Byline Bank

Waukegan, IL

60085

$1,850,000

$185K

7(a)

Hotels (except Casino Hotels) and Motels

2015-05-14

SADHI LLC Celtic Bank Corporation

Waukegan, IL

60085

$1,787,300

$357K

7(a)

Beer, Wine, and Liquor Retailers

2022-09-07

Saliba Industries Holdings LLC First National Bank of Pennsylvania

Waukegan, IL

60085

$1,700,000

$1.7M

7(a)

Machine Shops

2023-12-09

Millennium Bank$417K/job · 2024-09-20

Bay Marine of Chicago, LLC

Waukegan, IL · 60085

$4,860,000

7(a)

Byline Bank$243K/job · 2017-05-08

Byline Bank$142K/job · 2024-02-16

First Merchants Bank$36K/job · 2017-10-30

RAINBOW CLEANING SYSTEMS INC

Waukegan, IL · 60085

$4,164,000

7(a)

LendingClub Bank, National Association$19K/job · 2021-08-09

Hampton Inn and Suites Waukegan

Waukegan, IL · 60085

$3,987,000

504

SomerCor 504, Inc.$133K/job · 2016-10-13

LUDLOW MANUFACTURING, INC.

Waukegan, IL · 60087

$3,692,000

7(a)

Barrington Bank & Trust Company, National Association$49K/job · 2019-03-07

HOME TOWNE STUDIO WAUKEGAN LLC

Waukegan, IL · 60085

$3,617,000

7(a)

GBank$904K/job · 2023-11-10

Byline Bank$212K/job · 2023-09-28

Weiss Insurance Agencies, Inc.

Waukegan, IL · 60184

$3,500,000

7(a)

Byline Bank$130K/job · 2016-06-07

GBank$680K/job · 2021-09-09

Lake County Sports Center and Entertainment Inc.

Waukegan, IL · 60085

$3,230,000

7(a)

Byline Bank$404K/job · 2021-09-08

Impact Networking, LLC

Waukegan, IL · 60085

$3,000,000

7(a)

Signature Bank$20K/job · 2013-01-23

Lakehurst Investments LLC

Waukegan, IL · 60085

$2,870,000

7(a)

The Huntington National Bank$957K/job · 2017-04-19

SAI RAM PROPERTIES LLC

Waukegan, IL · 60085

$2,797,000

7(a)

LendingClub Bank, National Association$350K/job · 2020-12-14

Byline Bank$85K/job · 2024-05-17

Top Line Transportation Co. and GRADE -A- TRANSPORTATION INC.

Waukegan, IL · 60085

$2,470,600

7(a)

U.S. Bank, National Association$1.2M/job · 2023-11-18

SomerCor 504, Inc.$13K/job · 2012-08-24

GBank$1.1M/job · 2020-09-14

Lake County Ice & Sports Center LLC

Waukegan, IL · 60085

$2,000,000

7(a)

Byline Bank2010-12-23

Rockford Local Development Corporation$50K/job · 2007-01-05

Live Oak Banking Company$125K/job · 2023-06-20

Janki Hospitality, Inc.

Waukegan, IL · 60085

$1,850,000

7(a)

Byline Bank$185K/job · 2015-05-14

Celtic Bank Corporation$357K/job · 2022-09-07

Saliba Industries Holdings LLC

Waukegan, IL · 60085

$1,700,000

7(a)

First National Bank of Pennsylvania$1.7M/job · 2023-12-09

1–25 of 267

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