Unverified listing What this means
The Lender Report built this page from public records. State Bank of the Lakes, National Association has not reviewed it. Every lender's page starts this way, and it says nothing about State Bank of the Lakes, National Association itself. Each figure shows its source and date. Work at State Bank of the Lakes, National Association? You can claim this page for free.
SBA 7(a) record
State Bank of the Lakes, National Association: SBA 7(a) loans made
State Bank of the Lakes, National Association, a bank based in Antioch, IL, made 17 SBA 7(a) loans in the 36 months ending September 30, 2026, $10.7M in all, net of cancelled approvals. The typical loan was about $500K, and 3 were in the last 12 months. Most were in Illinois.
- Evidence
- SBA 7(a) loans in the 36 months ending September 30, 2026, SBA
- Data as of
- SBA, September 30, 2026
- Page last changed
- November 9, 2026
- Loans, 36 months
- 17
- SBA FOIA,
- Net of cancelled approvals
- Dollars
- $10.7M
- SBA FOIA,
- Rounded amounts
- Typical loan
- $500K
- SBA FOIA,
- Largest loan
- $2.1M
- SBA FOIA,
- Rounded to 2 significant figures
- Last 12 months
- 3
- SBA FOIA,
Cite this
Source: The Lender Report, State Bank of the Lakes, National Association: SBA 7(a) loans made, https://lender.report/lender/state-bank-of-the-lakes-il/sba-7a/, data as of September 30, 2026.
The loans, newest first
Banks report no loan-level data for office, retail, industrial or construction loans. This list shows only multifamily and SBA loans.
| Period | Place | Loan | Amount | Rate | Term | LTV | Source |
|---|---|---|---|---|---|---|---|
| Jun 2026 | Illinois | SBA 7(a), Other Grocery and Related Products Merchant Wholesalers | $300K | 8.75% | 7 yr | SBA FOIA | |
| Apr 2026 | Wisconsin | SBA 7(a), Tile and Terrazzo Contractors | $100K | 7.25% | 7 yr | SBA FOIA | |
| Dec 2025 | Illinois | SBA 7(a), Drycleaning and Laundry Services (except Coin-Operated) | $600K | 6.75% | 7 yr | SBA FOIA | |
| Sep 2025 | Illinois | SBA 7(a), Independent Artists, Writers, and Performers | $300K | 7.75% | 20 yr | SBA FOIA | |
| Jul 2025 | Illinois | SBA 7(a), Educational Services | $760K | 8% | 20 yr | SBA FOIA | |
| Feb 2025 | Illinois | SBA 7(a), Drinking Places (Alcoholic Beverages) | $620K | 8.25% | 25 yr | SBA FOIA | |
| Dec 2024 | Illinois | SBA 7(a), Drycleaning and Laundry Services (except Coin-Operated) | $370K | 7.75% | 8 yr | SBA FOIA | |
| Nov 2024 | Illinois | SBA 7(a), Funeral Homes and Funeral Services | $2.1M | 7.5% | 25 yr | SBA FOIA | |
| Sep 2024 | Illinois | SBA 7(a), Machine Shops | $1.6M | 8% | 16 yr | SBA FOIA | |
| Sep 2024 | Illinois | SBA 7(a), Offices of Chiropractors | $300K | 8% | 20 yr | SBA FOIA | |
| Sep 2024 | Illinois | SBA 7(a), Machine Shops | $100K | 10.5% | 7 yr | SBA FOIA | |
| Aug 2024 | Illinois | SBA 7(a), Masonry Contractors | $990K | 7.75% | 7 yr | SBA FOIA | |
| Aug 2024 | Illinois | SBA 7(a), Masonry Contractors | $900K | 10% | 2 yr | SBA FOIA | |
| Mar 2024 | Illinois | SBA 7(a), Drycleaning and Laundry Services (except Coin-Operated) | $240K | 7.25% | 7 yr | SBA FOIA | |
| Dec 2023 | Illinois | SBA 7(a), All Other Personal Services | $500K | 8.5% | 23 yr | SBA FOIA | |
| Oct 2023 | Illinois | SBA 7(a), Drycleaning and Laundry Services (except Coin-Operated) | $810K | 7.25% | 7 yr | SBA FOIA | |
| Oct 2023 | Illinois | SBA 7(a), Drycleaning and Laundry Services (except Coin-Operated) | $100K | 8.5% | 7 yr | SBA FOIA | |
| 17 SBA 7(a) loans since October 2023, net of cancelled | $10.7M | SBA FOIA | |||||
A blank means the source did not report it.
| State | Loans | Dollars |
|---|---|---|
| Illinois | 16 | $10.6M |
| Wisconsin | 1 | $100K |
SBA loans are on record by state only.
| Loan size | Loans | Dollars |
|---|---|---|
| Under $150K | 3 | $300K |
| $150K to $350K | 4 | $1.14M |
| $350K to $1M | 8 | $5.55M |
| $1M to $2.5M | 2 | $3.70M |
| $2.5M or more | 0 | $0 |
| Quarter | Loans | Dollars |
|---|---|---|
| 2023 Q4 | 3 | $1.41M |
| 2024 Q1 | 1 | $240K |
| 2024 Q3 | 5 | $3.89M |
| 2024 Q4 | 2 | $2.47M |
| 2025 Q1 | 1 | $620K |
| 2025 Q3 | 2 | $1.06M |
| 2025 Q4 | 1 | $600K |
| 2026 Q2 | 2 | $400K |
Calendar quarters of the SBA approval date. The first and last may cover part of a quarter: the window is the 36 months ending September 30, 2026.
| Industry (NAICS) | Loans |
|---|---|
| Drycleaning and Laundry Services (except Coin-Operated) (812320) | 5 |
| Machine Shops (332710) | 2 |
| Masonry Contractors (238140) | 2 |
| All Other Personal Services (812990) | 1 |
| Drinking Places (Alcoholic Beverages) (722410) | 1 |
| Educational Services | 1 |
| Funeral Homes and Funeral Services (812210) | 1 |
| Independent Artists, Writers, and Performers (711510) | 1 |
| Offices of Chiropractors (621310) | 1 |
| Other Grocery and Related Products Merchant Wholesalers (424490) | 1 |
| Tile and Terrazzo Contractors (238340) | 1 |
A 6-digit code is printed only where the SBA file holds 5 or more loans of the program in that state; the rest show as their 2-digit sector.
| Processing method | Loans |
|---|---|
| Preferred Lenders Program | 10 |
| SBA Express Program | 4 |
| 7a General | 2 |
| Working Capital CAPLine | 1 |
- State Bank of the Lakes, National Association made 17 SBA 7(a) loans totaling $10.7M in the 36 months ending September 30, 2026, net of cancelled approvals, in 2 states. SBA FOIA,
- 3 of them were in the 12 months to September 30, 2026, and 5 in the 12 months before. SBA FOIA,
- The typical loan was about $500K, with the middle half between $300K and $810K. SBA FOIA,
- The largest was about $2.1M. Every amount is rounded to 2 significant figures. SBA FOIA,
- 3 loans were under $150K, and 2 were $1M or more. SBA FOIA,
- The SBA file shows a median initial rate of 8.00% on 17 loans, with the middle half between 7.50% and 8.50%. SBA FOIA,
- The median term was 7 years. SBA FOIA,
- Its loans went most often to Drycleaning and Laundry Services (except Coin-Operated), with 5. SBA FOIA,
- The SBA file lists 10 of its loans as processed under Preferred Lenders Program. SBA FOIA,
- Its loans were most often in Illinois (16) and Wisconsin (1). SBA FOIA,
What we don't know
- Whether State Bank of the Lakes, National Association is taking new SBA 7(a) loans today, or how it would treat a business like yours.
- Loans that were never completed. The SBA file lists approvals, and this page leaves out the ones it marks cancelled.
- The borrower, the address and every term beyond rate and term. The public file does not show them.
SBA loans are on record by state only. Amounts are rounded to 2 significant figures and dates to the month. A 6-digit industry code is printed only where the SBA file holds 5 or more loans of the program in that state.
Loans are SBA approvals, net of cancelled approvals.
SBA does not require you to use an agent or broker for a loan application. SBA has not reviewed or endorsed this site.
Source and date appear beside each figure. Banks report balances, not loans made. Loans made come only from HMDA and SBA files. We do not audit filings and can make errors joining them. Report a problem
Figures come from public records and show the source and date beside them. Public records can be late, incomplete or wrong. A past loan does not mean a lender will make the same kind of loan today. Confirm anything important with the lender.