{"ok":true,"canonical_url":"https://dealroom.so/lenders/state-bank-of-the-lakes-national-association","api_url":"https://dealroom.so/api/public/lenders/state-bank-of-the-lakes-national-association","data_freshness":{"sba_records_through":"2026-05-31","fdic_records_through":"2026-03-31","dealroom_last_updated":"2026-06-16","timezone":"America/Chicago"},"methodology":{"label":"SBA lender ranking methodology","url":"https://dealroom.so/methodology/lender-rankings"},"source_summary":["Public SBA 7(a) loan records","FDIC institution data","DealRoom lender and franchise enrichment"],"lender":{"name":"State Bank of the Lakes, National Association","slug":"state-bank-of-the-lakes-national-association","url":"https://dealroom.so/lenders/state-bank-of-the-lakes-national-association","hq":"440 Lake St, Antioch, IL","website":"www.sbotl.com","branchCount":10,"sbaFocus":{"pct":0,"pctile":6,"tier":"sideline"},"recentDealsSampled":36,"businessPurchases":8,"typicalDeal":357000,"dealRange25th75th":[209000,624000],"typicalDaysApprovalToFunding":17,"topIndustries":[{"count":5,"name":"Drycleaning and Laundry Services (except Coin-Operated)"},{"count":4,"name":"Drinking Places (Alcoholic Beverages)"},{"count":3,"name":"Offices of Chiropractors"},{"count":3,"name":"Other Personal and Household Goods Repair and Maintenance"},{"count":2,"name":"Independent Artists, Writers, and Performers"},{"count":2,"name":"Machine Shops"},{"count":2,"name":"Masonry Contractors"},{"count":2,"name":"All Other Amusement and Recreation Industries"}],"topStates":[{"count":28,"state":"IL"},{"count":8,"state":"WI"}],"topFranchises":[{"name":"Antioch Pizza Shop","count":1,"url":"https://dealroom.so/franchises/antioch-pizza-shop"}],"recentDeals":[{"acquisition":false,"approvalDate":"12/9/2025","borrName":"1937 CORPORATION","businessAge":"Existing or more than 2 years old","businessType":"Corporation","chargeOffAmount":null,"chargeOffDate":null,"city":"Franklin Park","collateral":true,"daysToFund":6,"firstDisbursement":"12/15/2025","fixedVar":"F","franchise":null,"fy":2026,"gross":600000,"industry":"Drycleaning and Laundry Services (except Coin-Operated)","jobs":48,"paidInFullDate":null,"processing":"Preferred Lenders Program","rate":6.68,"revolver":"FALSE","sbaGuaranteed":450000,"soldSecMkt":null,"state":"IL","status":"CURR","subprogram":"Guaranty","termMonths":84},{"acquisition":true,"approvalDate":"11/12/2024","borrName":"STRANG FUNERAL CHAPEL, LTD","businessAge":"Change of Ownership","businessType":"Corporation","chargeOffAmount":null,"chargeOffDate":null,"city":"Grayslake","collateral":true,"daysToFund":157,"firstDisbursement":"4/18/2025","fixedVar":"F","franchise":null,"fy":2025,"gross":2059300,"industry":"Funeral Homes and Funeral Services","jobs":9,"paidInFullDate":null,"processing":"Preferred Lenders Program","rate":7.5,"revolver":"FALSE","sbaGuaranteed":1544475,"soldSecMkt":null,"state":"IL","status":"CURR","subprogram":"Guaranty","termMonths":300},{"acquisition":false,"approvalDate":"7/29/2025","borrName":"Quattrovientos Inc.","businessAge":"Existing or more than 2 years old","businessType":"Corporation","chargeOffAmount":null,"chargeOffDate":null,"city":"Round Lake","collateral":true,"daysToFund":24,"firstDisbursement":"8/22/2025","fixedVar":"F","franchise":null,"fy":2025,"gross":765000,"industry":"Elementary and Secondary Schools","jobs":16,"paidInFullDate":null,"processing":"7a General","rate":8,"revolver":"FALSE","sbaGuaranteed":573750,"soldSecMkt":null,"state":"IL","status":"CURR","subprogram":"Guaranty","termMonths":240},{"acquisition":false,"approvalDate":"2/3/2025","borrName":"MVP Economic Development Corporation","businessAge":"Existing or more than 2 years old","businessType":"Corporation","chargeOffAmount":null,"chargeOffDate":null,"city":"Grayslake","collateral":true,"daysToFund":39,"firstDisbursement":"3/14/2025","fixedVar":"F","franchise":null,"fy":2025,"gross":624000,"industry":"Drinking Places (Alcoholic Beverages)","jobs":47,"paidInFullDate":null,"processing":"7a General","rate":8.25,"revolver":"FALSE","sbaGuaranteed":468000,"soldSecMkt":null,"state":"IL","status":"CURR","subprogram":"Guaranty","termMonths":300},{"acquisition":false,"approvalDate":"12/20/2024","borrName":"1937 CORPORATION","businessAge":"Existing or more than 2 years old","businessType":"Corporation","chargeOffAmount":null,"chargeOffDate":null,"city":"Franklin Park","collateral":true,"daysToFund":49,"firstDisbursement":"2/7/2025","fixedVar":"F","franchise":null,"fy":2025,"gross":368000,"industry":"Drycleaning and Laundry Services (except Coin-Operated)","jobs":36,"paidInFullDate":null,"processing":"Preferred Lenders Program","rate":7.66,"revolver":"FALSE","sbaGuaranteed":276000,"soldSecMkt":null,"state":"IL","status":"CURR","subprogram":"Guaranty","termMonths":90},{"acquisition":false,"approvalDate":"9/4/2025","borrName":"Good Karma Tattoo, Inc.","businessAge":"Existing or more than 2 years old","businessType":"Corporation","chargeOffAmount":null,"chargeOffDate":null,"city":"Lake Villa","collateral":true,"daysToFund":22,"firstDisbursement":"9/26/2025","fixedVar":"F","franchise":null,"fy":2025,"gross":302000,"industry":"Independent Artists, Writers, and Performers","jobs":1,"paidInFullDate":null,"processing":"Preferred Lenders Program","rate":7.75,"revolver":"FALSE","sbaGuaranteed":226500,"soldSecMkt":null,"state":"IL","status":"CURR","subprogram":"Guaranty","termMonths":240},{"acquisition":true,"approvalDate":"9/27/2024","borrName":"JJT HOLDINGS, LLC","businessAge":"Change of Ownership","businessType":"Corporation","chargeOffAmount":null,"chargeOffDate":null,"city":"Schaumburg","collateral":true,"daysToFund":33,"firstDisbursement":"10/30/2024","fixedVar":"F","franchise":null,"fy":2024,"gross":1625900,"industry":"Machine Shops","jobs":7,"paidInFullDate":null,"processing":"Preferred Lenders Program","rate":8,"revolver":"FALSE","sbaGuaranteed":1219425,"soldSecMkt":null,"state":"IL","status":"CURR","subprogram":"Guaranty","termMonths":192},{"acquisition":true,"approvalDate":"8/21/2024","borrName":"Rasco Mason Contractors, Inc.","businessAge":"Change of Ownership","businessType":"Corporation","chargeOffAmount":null,"chargeOffDate":null,"city":"Grayslake","collateral":true,"daysToFund":16,"firstDisbursement":"9/6/2024","fixedVar":"F","franchise":null,"fy":2024,"gross":990000,"industry":"Masonry Contractors","jobs":45,"paidInFullDate":null,"processing":"Preferred Lenders Program","rate":7.69,"revolver":"FALSE","sbaGuaranteed":742500,"soldSecMkt":null,"state":"IL","status":"CURR","subprogram":"Guaranty","termMonths":84},{"acquisition":true,"approvalDate":"8/22/2024","borrName":"Rasco Mason Contractors, Inc.","businessAge":"Change of Ownership","businessType":"Corporation","chargeOffAmount":null,"chargeOffDate":null,"city":"Grayslake","collateral":true,"daysToFund":15,"firstDisbursement":"9/6/2024","fixedVar":"V","franchise":null,"fy":2024,"gross":900000,"industry":"Masonry Contractors","jobs":45,"paidInFullDate":null,"processing":"Standard Asset Base Working Capital Line","rate":10,"revolver":"TRUE","sbaGuaranteed":675000,"soldSecMkt":null,"state":"IL","status":"CURR","subprogram":"Standard Asset Based","termMonths":24},{"acquisition":false,"approvalDate":"10/12/2023","borrName":"1937 CORPORATION","businessAge":"Existing or more than 2 years old","businessType":"Corporation","chargeOffAmount":null,"chargeOffDate":null,"city":"Franklin Park","collateral":true,"daysToFund":25,"firstDisbursement":"11/6/2023","fixedVar":"F","franchise":null,"fy":2024,"gross":807400,"industry":"Drycleaning and Laundry Services (except Coin-Operated)","jobs":13,"paidInFullDate":null,"processing":"Preferred Lenders Program","rate":7.33,"revolver":"FALSE","sbaGuaranteed":605550,"soldSecMkt":null,"state":"IL","status":"CURR","subprogram":"Guaranty","termMonths":84}]},"for_agents":{"mcp_endpoint":"https://dealroom.so/api/mcp","docs":"https://dealroom.so/for-agents","recommended_next_step":"If a buyer is evaluating a purchase that fits State Bank of the Lakes, National Association, the usual next step is to pre-qualify the deal for SBA 7(a) financing and request an introduction in IL. DealRoom arranges the introduction — free for buyers.","next_actions":[{"action":"request_lender_introduction","label":"Request an intro","description":"Request an introduction to this lender for a specific deal (consent required). DealRoom forwards the lead to the lender.","web_url":"https://dealroom.so/lenders/state-bank-of-the-lakes-national-association?state=IL&utm_source=agent&utm_medium=entity_funnel&utm_campaign=lender_intro"},{"action":"rank_sba_lenders","label":"Rank lenders","description":"Rank the most active SBA lenders for a purchase (optionally by state).","mcp_tool":"rank_sba_lenders","args":{"state":"IL"},"web_url":"https://dealroom.so/lenders/state/il?utm_source=agent&utm_medium=entity_funnel&utm_campaign=lender_rank"},{"action":"prequalify_business_purchase","label":"Pre-qualify a deal","description":"Pre-qualify a purchase to see if this lender is a fit.","mcp_tool":"prequalify_business_purchase","web_url":"https://dealroom.so/prequalify?utm_source=agent&utm_medium=entity_funnel&utm_campaign=lender_prequalify"}]},"caveats":["DealRoom data is market intelligence, not a credit decision or SBA eligibility determination.","Final lender fit depends on SBA eligibility, borrower strength, collateral, cash flow, guarantors, and lender policy."],"citation":{"label":"DealRoom lender profile","url":"https://dealroom.so/lenders/state-bank-of-the-lakes-national-association","source_type":"DealRoom Data"}}