Top Industries Financed
- Insurance Agencies and Brokerages
- Limited-Service Restaurants
- Full-Service Restaurants
- Offices of Lawyers
- Landscaping Services
Quick Summary
Lake Forest Bank & Trust Company, National Association is an SBA-approved lender headquartered in LAKE FOREST, Illinois. They are an SBA Preferred Lender, meaning they can approve loans without prior SBA review. Since 2020, they have approved 38 SBA 7(a) loans totaling $35.0M, with an average loan size of $922K. They serve businesses across 7 states.
About Lake Forest Bank & Trust Company, National Association
Lake Forest Bank & Trust Company, National Association is an SBA-approved lender headquartered in LAKE FOREST, Illinois. Since 2020, they have approved 38 SBA 7(a) loans totaling $35.0M, with an average loan size of $922K. As an SBA Preferred Lender, they have delegated authority to approve SBA loans without prior SBA review, resulting in faster processing times. They serve businesses across 7 states.
Before you apply — know where you stand
Nav is the only place where you can track your FICO SBSS score — the score the SBA uses to determine loan eligibility.
Helpful SBA Borrower Guides
Frequently Asked Questions
Is Lake Forest Bank & Trust Company, National Association an SBA Preferred Lender?
Yes, Lake Forest Bank & Trust Company, National Association is an SBA Preferred Lender (PLP). This means they have delegated authority from the SBA to approve loans without prior SBA review, resulting in faster approvals — typically 7–10 business days instead of 4–6 weeks.
How many SBA loans has Lake Forest Bank & Trust Company, National Association approved?
According to SBA FOIA public records, Lake Forest Bank & Trust Company, National Association has approved 38 SBA 7(a) loans totaling $35.0M since 2020. Their average loan size is $922K.
What states does Lake Forest Bank & Trust Company, National Association serve?
Lake Forest Bank & Trust Company, National Association serves businesses in 7 states: Alabama, Arkansas, Colorado, Florida, Illinois, Louisiana, Texas.
How do I apply for an SBA loan with Lake Forest Bank & Trust Company, National Association?
To apply for an SBA 7(a) loan with Lake Forest Bank & Trust Company, National Association, contact them directly through the form on this page. Before applying, check your FICO SBSS score (the SBA's pre-screening score) and have your financial statements, business plan, and tax returns ready. Most SBA lenders require 2+ years in business, $100K+ annual revenue, and a personal credit score of 640+.
Get in Touch with This Lender
Contact Lake Forest Bank & Trust Company, National Association
Ready to Apply for an SBA Loan?
Check if you qualify in minutes — no impact to your credit score.
SBA 7(a) loans up to $5M · Rates from 10.5% · As fast as 7 days