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Illinois›Waukegan

SBA Loans in Waukegan, IL: Top Local Lenders

52 approved SBA 7(a) loans in Waukegan from FY2021 through FY2026, averaging $1.3M per loan, 136% higher than the Illinois state average. Byline Bank leads local lenders with 9 loans.

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52
Approved loans in Waukegan
$1.3M
Average loan size
136% higher
vs. Illinois average

The most active SBA lender in Waukegan is Byline Bank with 9 approved loans, which may differ from the busiest lender statewide. Local track record matters: a lender that closes regularly in your city already knows the market.

Source: SBA FOIA 7(a) loan-level data, FY2021–FY2026, by borrower city. Cities with fewer than 50 approved loans in this period are not shown.

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